Japan October Industrial Output +2.8% m/m (preliminary +3%) +1.4% y/y (prelim -2.6%)
Final industrial output data, Japan October 2024 +2.8% m/m +1.4% y/y Improvements from September. The preliminary readings for this was: Industrial Output +3.0% m/m (prior was +1.6%) Industrial Output -2.6%…
Read More »Australian October business confidence 5 vs. prior -2
National Australia Bank monthly survey of business, for October 2024 Business Confidence +5, highest in nearly two years prior -2 Business Conditions +7 prior+7 — Some of the sub indexes:…
Read More »Australian Q3 PPI +0.9% q/q (expected +0.7%)
Australia PPI (Q3) +0.9% q/q expected 0.7%, prior 1.0% For the y/y +3.9% prior +4.8% The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or…
Read More »Wall Street Journal poll puts Trump ahead of Harris, 47 to 45
The Wall Street Journal reports its latest national survey, finding that Trump is leading Harris by 2 percentage points, 47% to 45%. The journal caveats with: within the polls’ margins…
Read More »Morgan Stanley prefers Chinese stocks trading offshore over those listed on the mainland
Morgan Stanley has recommended that investors rethink their preference for Chinese stocks listed on the mainland in favor of those traded internationally. According to a Bloomberg (gate) report, this change…
Read More »USD/JPY moves above 143.00
The only news of note has been the rate cut from the US Federal Open Market Committee (FOMC) on Wednesday: Just waking up? Here’s the short summary of Wednesday’s FOMC…
Read More »“Overlooked green shoots” for China – improving growth seen ahead
In summary from analysts at Invesco Asia Trust on their outlook for China. Say that factors leading to ingrained pessimism on the economy include: faltering demand in the property market…
Read More »US Abraham Lincoln Carrier Strike Group accelerating towards Middle East
US Defense Secretary Austin spoke to his Israeli counterpart Gallant in a call Austin said he has ordered the USS Abraham Lincoln carrier strike group to accelerate its transit to…
Read More »Bank of Japan Governor Ueda says some challenges are uniquely difficult for the Bank
Bank of Japan Governor Ueda We have made progress in moving away from zero and lifting inflation expectations, but we must now re-anchor them, this time at the 2% target…
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