Japan’s Nikkei (+1.0%) was a notable outperformer as the BOJ pressed ahead, as expected, with plan to buy an unlimited amount of 10-yr JGBs at 0.25%, and its finance minister talked about intervening again to support the yen if necessary.
Japan’s Q3 Tankan Large Manufacturers Index was weaker than expected.
The Reserve Bank of Australia meets tonight (Tuesday in Australia) and is expected to raise its key policy rate by 50 bps to 2.85%.
Japan’s Q3 Tankan Large Manufacturers Index 8 (expected 11; prior 9); Q3 Large Non-Manufacturers Index 14 (expected 13; prior 13); September Manufacturing PMI 50.8 (expected 51.0; prior 51.5)
India’s September Nikkei S&P Global Manufacturing PMI 55.1 (expected 55.8; prior 56.2)
Australia’s September Final Manufacturing PMI 53.5 (expected 53.9; prior 53.8)