Global Markets:
- Asian Stock Markets : Nikkei down 1.83, Shanghai Composite up 0.10, Hang Seng down 3.21, ASX down 1.28%
- Commodities : Gold at $1388.45 (-0.58%), Silver at $21.45 (-1.05%), Brent Oil at $89.98 (-0.84%), WTI Oil at $88.29 (-0.62%)
- Rates : US 10-year yield at 4.692, UK 10-year yield at 4.573, Germany 10-year yield at 2.910
News & Data:
- (USD) ISM Manufacturing PMI 0.0% vs 0.1% expected
- (USD) ISM Manufacturing Price 0.1% vs 0.2% expected
- (USD) Construction Spending m/m 68.1 vs 67.7 expected
Markets Update:
Hong Kong stocks led a regional downturn, plummeting by approximately 3% as trading resumed after a National Day holiday.
In Australia, the S&P/ASX 200 registered a 1.1% decline following the central bank’s decision to maintain rates at 4.10%, aligning with Reuters’ poll expectations.
Meanwhile, Japanese markets were also in the red, with the Nikkei 225 down by 1.33%, and the Topix index showing a 1.16% decrease.
It’s worth noting that South Korean and Chinese markets were closed for holiday observance.
In the United States, overnight trading saw mixed results as the Dow Jones Industrial Average slid by 0.22%, the S&P 500 barely moved, gaining just 0.01%, and the Nasdaq Composite increased by 0.67%.
Upcoming Events:
- 12:25 PM GMT – CAD Gov Council Member Vincent Speaks
- 2:00 PM GMT – USD JOLTS Job Openings
