September Pmis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investors hoping for a reprieve in the U.S. bond selling frenzy got their wish on Monday, which should bode well for Asian markets on Tuesday, although the doubts about how long the calm lasts are bound to swirl. The regional economic calendar on Tuesday is light, the highlights being South Korean producer price inflation for September, October's flash purchasing managers index data from Japan and Australia, and a speech from Reserve Bank of Australia governor Michele Bullock. September's PMIs showed that manufacturing activity in Japan and Australia shrank and services sector acti...

A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors hoping for a reprieve in the U.S. bond selling frenzy got their wish on Monday, which... -October 23, 2023 at 05:45 pm EDT - MarketScreener

Investors hoping for a reprieve in the U.S. bond selling frenzy got their wish on Monday, which should bode well for Asian markets on Tuesday, although the doubts about how long the calm lasts are bound to swirl. The regional economic calendar on Tuesday is light, the highlights being South Korean producer price inflation for September, October's flash purchasing managers index data from Japan and Australia, and a speech from Reserve Bank of Australia governor Michele Bullock. September's PMIs showed that manufacturing activity in Japan and Australia shrank and services sector acti...

At its September meeting, the European Central Bank (ECB) decided to raise interest rates by another 25bps, lifting the deposit facility rate to a record high of 4%. Nonetheless, with data heading into the meeting pointing to profound cracks in the Euro area economy, officials hinted that this could be the last rate increase in this tightening cycle.

At its latest gathering on September 21, the Bank of England decided to keep rates steady at 5.25%, citing slowing economic activity and a cooling labor market. Although officials accelerated the pace of their quantitative tightening program, the disappointment on interest rates resulted in a selloff in the British pound.