Vera
Piplix author

Vera

Markets Editor

Vera explains market-moving events and economic context with clarity, restraint, and a learner-first perspective.

Articles by Vera

News by Vera

NewsNov 3, 2026 · 11:26 IST

US Manufacturing PMI Rises to 55.5 in October, Above Forecasts

The Institute for Supply Management reported on 2 November that its US Manufacturing PMI rose to 55.5 in October 2026 from 54.5 in September, beating a 54.5 consensus forecast. The reading marked a tenth straight month of expansion in US manufacturing. New orders and production expanded, while the prices-paid index remained elevated at 75.2 despite easing from 77.9. The survey is a diffusion index of reported business conditions, not a direct measurement of manufacturing output or an announced Federal Reserve policy change.

NewsNov 2, 2026 · 17:28 IST

German Retail Sales Unexpectedly Drop 2.0% in September

German retail sales fell 2.0% month on month in September 2026, according to national statistics reported by Reuters on 2 November. Economists polled by Reuters had expected a 0.4% increase. The release points to weaker consumer spending than anticipated and is separate from Germany’s October labour-market report, October inflation release and third-quarter GDP estimate. The published Reuters report did not establish a specific contemporaneous EUR/USD price reaction.

NewsNov 2, 2026 · 16:41 IST

Binance Begins Restoring Withdrawals After $6.3 Billion Hack

Binance said it would resume withdrawal access in phases from 1 November 2026, covering bitcoin, ether and selected stablecoins and other assets as security reviews passed. It said about 95% of the stolen token assets had been covered or replenished, with the remaining 5% mostly less-liquid assets. A Reuters follow-up reported customer withdrawals following the restart. The earlier hack itself is already covered on Piplix.

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