Reply To: Traders Market Weekly: Global Market Dislocation at a Precipice


There was some speculation that countries other than Japan could intervene in the currency market to slow the dollar’s rise. DigiTimes reported that chip foundries are being pressured by carmakers to renegotiate orders and quotes for next year.
South Korea’s August PPI -0.3% m/m (last 0.3%); 8.4% yr/yr (last 9.2%)
Singapore’s August CPI 7.5% yr/yr (expected 7.2%; last 7.0%) and Core CPI 5.1% yr/yr (expected 5.0%; last 4.8%)
Australia’s flash September Manufacturing PMI 53.9 (last 53.8) and flash Services PMI 50.4 (last 50.2)
New Zealand’s Q3 Westpac Consumer Sentiment 87.6 (last 78.7)