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China official manufacturing PMI returns to growth at 50.1, non-manufacturing 50.2

A return to growth in the official manufacturing survey, alongside a jump in the non-manufacturing index, gives China-sensitive assets a supportive final data point before the holiday. Factory strength matters for industrial commodities, including oil, and RatingDog's finding that manufacturers' input costs are being pushed up by metals and oil suggests demand for those inputs is holding up.…

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