Germany HCOB Manufacturing PMI above expectations (54) in October: Actual (54.2)

Oct 23, 2026

Germany HCOB Composite PMI came in at 52.8 below forecasts (53.3) in October

Australian Dollar holds steady amid RBNZ rate hike bets, weak PMI data

AUD/USD holds ground after posting modest losses in the previous day, trading around 0.7020 during early European hours on Friday. The pair remains steady as the Australian Dollar (AUD) holds ground following the release of preliminary S&P Global Purchasing Managers' Index (PMI) data.