China PMI Data Signal Slowdown

The transcript discusses the economic slowdown in China, with both nonmanufacturing and manufacturing PMIs falling in October. It highlights German Chancellor Angela Merkel's concerns about the UK's potential exit from the EU, driven by UK Prime Minister David Cameron's stance on EU worker flow. Additionally, HSBC has set aside significant financial provisions for investigations into foreign exchange benchmark rigging and a UK customer redress program, impacting its share prices.

What was the nonmanufacturing PMI for China in October?

• 53.8

• 54.2

• 55.0

• 52.5

What concern did Angela Merkel express regarding the UK?

• The UK's economic growth

• The UK's potential exit from the EU

• The UK's environmental policies

• The UK's military policies

What action did David Cameron promise if reelected?

• Increase taxes

• Reduce military spending

• Hold a referendum on EU membership

• Implement new trade policies

How much did HSBC provision for the foreign exchange investigation?

• $378 million

• $450 million

• $500 million

• $600 million

What was the impact on HSBC shares after the financial provisions?

• Shares decreased by 1%

• Shares remained stable

• Shares increased by 2%

• Shares increased by 1%