The Jibun Bank Japan Manufacturing Purchasing Managers’ Index (PMI) fell to 48.5 in October, the lowest level since June 2016, having printed at 48.9 in September. The headline figure printed below 50, signaling contraction, for the sixth successive month. Further, new orders registered its sharpest decline since December 2012, as global trade conditions and softer growth weakened demand from key export markets. So far, the data has not had a notable impact on the USD/JPY pair, which is currently trading at 108.61, representing marginal losses on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Gov considers a bill classifying stablecoins as securities, possible reaction to Libra? FX Street 3 years The Jibun Bank Japan Manufacturing Purchasing Managers' Index (PMI) fell to 48.5 in October, the lowest level since June 2016, having printed at 48.9 in September. The headline figure printed below 50, signaling contraction, for the sixth successive month. Further, new orders registered its sharpest decline since December 2012, as global trade conditions and softer growth weakened demand from key export markets. So far, the data has not had a notable impact on the USD/JPY pair, which is currently trading at 108.61, representing marginal losses on the day. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
