Economic and event calendar in Asia Monday, November 2, 2026 - another China PMI

ForexLive's calendar for Monday, November 2, 2026 flags another release of China's Purchasing Managers' Index, the monthly gauge of factory and services activity that the market tracks closely for signals on domestic demand. The headline itself provides no reading, consensus, or prior figure, so any directional conclusion would be speculative. The transmission channel runs through growth expectations: a PMI print above or below forecast shifts the outlook for Chinese industrial output, commodity demand, and policy easing, feeding into risk appetite and the currency. The most exposed markets are China-linked industrial commodities such as iron ore, copper, and crude oil, along with the offshore yuan and Asia-Pacific equities with heavy China revenue exposure, where sensitivity to a surprise is typically greatest. Traders will watch the manufacturing sub-index's new orders component and the non-manufacturing reading alongside any accompanying official commentary on stimulus, since these details often matter more to pricing than the headline figure.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.