Thursday’s a busy day for economic news, including an early look at October’s macro trend for Germany via the flash estimate for the manufacturing sector via Markit’s purchasing managers index (PMI). Later, we’ll see a pair of US updates that will provide early clues for evaluating the state of economic momentum in October. Germany: Manufacturing PMI (07:30 GMT) Today’s initial estimate of October manufacturing activity is expected to show that Europe’s largest economy slipped a bit deeper into a mild recession this month. The news isn’t terribly surprising at this point, but if the consensus forecast holds up we'll ... (full story)