Analysts at TD Securities are expecting China's official manufacturing PMI to edge higher to 49.9 in October from 49.8 previously.

• “The US-China trade ceasefire will have helped to put a floor under the PMIs. China appears to have opened the credit taps further over recent weeks, with monetary aggregates accelerating, giving more support to manufacturers via easing liquidity pressures.
• Finally, although the CNY has strengthened vs. USD it has weakened to multi-year lows on a trade-weighted basis (CFETS), a factor that will provide another source of relief to manufacturers.”