China NBS official Manufacturing PMI July 2026 (July 31, 2026) prints at 50.0 points or above — first expansionary reading since March 2026
Miss
✦ AI-generated prediction
Published on 20. July 2026
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Predicted for 31. July 2026
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Based on: Statistical Pattern
China's official NBS Manufacturing PMI stood at 49.5 in June 2026 — four consecutive months below 50. Caixin Manufacturing PMI June: 49.7. The US-China trade truce of June 2026 (US tariffs 30%, Chinese counter-tariffs 10%) stabilizes export expectations. China's State Council announced auto and electronics sector support measures in July. A move to 50.0+ requires a +0.5pt jump — possible, but structural domestic demand weakness (property sector) remains a headwind.
Data basis for this prediction
- NBS Manufacturing PMI China Juni 2026: 49,5 Pkt. (NBS/Reuters, 30. Juni 2026)
- Caixin Manufacturing PMI China Juni 2026: 49,7 Pkt. (Caixin, 1. Juli 2026)
- US-China-Handelswaffenstillstand: US-Zölle 30%, CN-Zölle 10% (Mayer Brown, Juli 2026)
- China Staatsrat: Stützungsmaßnahmen Automobil/Elektronik (Xinhua, Juli 2026)
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Miss
Der offizielle NBS Manufacturing PMI Chinas für Juli 2026 wurde am 31. Juli 2026 mit 49,2% veröffentlicht – ein Rückgang von 1,1 Prozentpunkten gegenüber dem Vormonat und klar unter der Expansionsschwelle von 50,0. Die Vorhersage (≥50,0) wurde deutlich verfehlt. Laut FXStreet und dem chinesischen Statistikamt (NBS) lasteten vor allem eine schwache Konsumgüternachfrage (Sub-Index 47,8%), hohe Produktionsbasisbasis aus den Vormonaten sowie saisonale Flaute in Teilen der Industrie auf dem Ergebnis. Auch der Non-Manufacturing PMI enttäuschte mit 49,0%. Quellen: https://www.fxstreet.com/news/chinas-nbs-manufacturing-pmi-falls-to-492-in-july-non-manufacturing-pmi-eases-to-490-202607310131 | https://www.stats.gov.cn/sj/zxfb/202607/t20260731_1964253.html
📈 Economy
✦ AI
The S&P 500 closed at 7,636.36 on 9 September 2026. Falling below 7,450 by month-end would require a 2.4% decline. Headwinds: Fed rate hike of 25bp on 16 September (CentralBank.Watch: 59% probability), August PPI above expectations (+5.4% YoY), Iran-Gulf risk premium. Stabilizing factors: hike largely priced in (Polymarket: 93% for zero 2026 cuts), Q2 earnings solid, no recession signals. Historically, a single 25bp September hike rarely causes a monthly decline above 2.5%.
📈 Economy
✦ AI
Polymarket shows a 53% probability for a 25 basis point hike as of September 10, 2026. US Core CPI August 2026 (release September 11) is expected by market consensus to be above 3.0% YoY. The ECB raised its deposit rate by 25 bps to 2.50% on September 10, 2026 – an inflation-fighting signal that provides cover for the Fed. Against a hike: a mild slowdown in US industrial output. CME FedWatch also shows ~53% probability for a hike.
📈 Economy
✦ AI
The DAX closed at 25,562 points on September 9, 2026. A gain of +1.7% is required by month-end. Headwinds: ECB rate hike to 2.50% (September 10), 53% FOMC hike probability (September 16), persistently high oil prices (~$101/barrel Brent) weigh on energy-intensive DAX heavyweights. Tailwinds: strong SAP cloud growth expected, robust US demand, EUR/USD at 1.1644 benefits exporters. Implied 30-day volatility (VDAX): ~16%, corresponding to a σ range of roughly ±5.5% by month-end — the 26,000 level falls within the central distribution.