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Euro Little Changed After Eurozone PMI Data
At 4.00 am ET Monday, Eurozone S&P flash PMI survey results have been released. The euro changed little against its major rivals after the data.
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Euro Mixed Ahead Of Eurozone PMI Data
At 4.00 am ET Monday, Eurozone S&P flash PMI survey results are due. The composite indicator is seen at 47.5 in October, down from 48.1 in the prior month.
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Euro Drops After German PMI Data
At 3.30 am ET Monday, Germany flash PMI data has been released. The euro declined against its major rivals after the data.
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Euro Mixed Ahead Of German PMI Data
At 3.30 am ET Monday, Germany flash PMI data is due. Economists expect the composite PMI to drop slightly to 45.3 from 45.7 a month ago.
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China Q3 GDP Growth Tops Expectations
China's economic growth accelerated in the third quarter after the relaxation of Covid restrictions, but other economic indicators signaled a mixed picture, official data revealed Monday. Gross domestic product logged an annual growth of 3.9 percent in the third quarter, faster than the 0.4 percent expansion seen in the second quarter, the National Bureau of Statistics reported.
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European Shares Poised For Steady Start On Fed Pause Hopes
European stocks are likely to open a tad higher on Monday amid speculation the Federal Reserve may consider a pause in the historically aggressive tightening.
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European Economics Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from Eurozone and the UK are due on Monday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global releases France flash Purchasing Managers' survey data for October. The composite output index is forecast to fall to 50.3 from 51.2 in the previous month.
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Indian Markets Closed For Diwali
Indian markets remain closed today on the eve of Diwali. However, stock exchanges BSE and NSE will conduct the special 'muhurat trading' for one hour later today between 6:15 pm and 7:15 pm.
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Asian Markets Mostly Higher On Wall Street Cues
Asian stock markets are trading mostly higher on Monday in thin trading with a few markets closed, following the broadly positive cues from Wall Street on Friday, as traders reacted to news reports that US Fed officials are likely to debate whether and how to plan for a smaller rate hike in December. The Fed is widely expected to raise rates by 75 basis points in November.
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Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Monday, recouping some of the losses in the previous two sessions, with the Nikkei 225 moving above the 27,100 level, tracking the broadly positive cues from Wall Street on Friday, with gains across most sectors, led by technology stocks.
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Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has moved higher in five straight sessions, gathering almost 210 points or 3.1 percent along the way. The Jakarta Composite Index now rests just above the 7,015-point plateau and it's looking at another green light for Monday's trade.
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Australian Market Sharply Higher
The Australian stock market is sharply higher on Monday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 6,800 level, following the broadly positive cues from Wall Street on Friday, with strong gains across most sectors, led by technology and mining stocks.
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Japan Manufacturing PMI Slows To 50.7 In October - Jibun Bank
The manufacturing sector in Japan continued to expand in October, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 50.7.
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