Eurozone PMI data to shed light on inflation, ECB policy
Preliminary PMI data for September out later today; markets eye inflation details for clues on ECB's next rate move.
Preliminary PMI data for September out later today; markets eye inflation details for clues on ECB's next rate move.
The ADB kept its China growth forecasts unchanged but cut the inflation outlook, pointing to soft demand. It slightly raised the Asia growth forecast.
CBA forecasts Australia added 15,000 jobs in August, with unemployment steady at 4.5%, below the market consensus of 20,000.
Strive CEO Matt Cole says Bitcoin could rise without limit versus the dollar as US debt worsens.
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Australia's August employment is expected to rebound by ~20k, with unemployment holding at 4.5%, ahead of the RBA's likely rate hike.
Gold traded near $4,360 an ounce as conflicting signals from oil price declines and central bank rate hikes kept the metal rangebound.
Reuters estimates the PBOC will set the USD/CNY reference rate at 6.6971, as the fixing signals caution over yuan strength.
Apollo again caps withdrawals at its $26bn private credit fund, but redemption requests fell to 15% in Q3 from 17%, signaling an easing exit queue.
Australia's September flash PMI showed growth slowing to a Q3 low, with manufacturing contracting and employment falling for the first time since May, while…
Oil prices fell as Saudi supply resumed and US-Iran talks progressed, but Trump's post-midterms timeline for a deal capped losses.
NY Fed's Roberto Perli said the halt in bill purchases is not preset and will be adjusted based on liquidity needs, keeping the door open to resumption.
ECB's Nagel said oil has gained importance in policy decisions, rates may enter mildly restrictive territory if needed, and no second-round effects are…
Australia's preliminary S&P Global PMIs for September are due Wednesday, with markets focused on inflation signals ahead of expected RBA hike on Sep 29.
US and Iranian officials met at the UN, reportedly going well. Oil slipped, stocks were mixed, and the dollar eased on headlines.