Reply To: Traders Market Weekly: Markets Rupture with Soaring yields and Fund Outflows


Shanghai Securities News speculated that the Chinese stock market has reached a bottom, pointing to low turnover and equity risk premiums.
Japan’s Finance Minister Suzuki said that last week’s intervention in the currency market made an impact.
Bank of Korea Governor Rhee said that rate hikes are inevitable, but the pace of hikes should be discussed by the bank’s board.
Japan’s flash September Manufacturing PMI 51.0 (last 51.5) and flash Services PMI 51.9 (last 49.5)
Hong Kong’s August trade deficit HKD13.30 bln (last deficit of HKD27.60 bln). August Imports -16.3% m/m (last -9.9%) and Exports -14.3% m/m (last -8.9%)
Singapore’s August Industrial Production 2.0% m/m (expected 1.5%; last -2.1%); 0.5% yr/yr (expected -0.6%; last 0.8%)