Asian stocks trade lower, European stock markets are set to open mixed ahead of Eurozone GDP, CPI data

Asian equities trade in negative territory after the downbeat Chinese data and BoJ rate decision. China’s Manufacturing PMI eased to 49.5 in October vs. 50.2 prior, Services PMI dropped to 50.6 in October versus 51.7 prior. Bank of Japan kept the rate unchanged, decided to make YCC more flexible. European stock markets head to open mixed ahead of Eurozone data. Markets might turn cautious ahead of the Federal Reserve meeting on Wednesday.

2 expansion in September, worse than the market expectation of 50.2. Meanwhile, NBS Services PMI dropped to 50.6 in October versus 51.7 prior, below the market consensus of 51.8. In Japan, the Bank of Japan committee decided to keep the interest rate and 10-year Japanese Government Bond yield target at -0.1% and 0% respectively, after its October meeting. Japanese central bank decided to make YCC more flexible and changed the language around the 1.0% 10-year JGB yield cap.

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Stock market today: Asian shares trade mixed as investors look ahead to economic dataAsian shares are trading mixed as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market.
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Stock market today: Asian shares trade mixed as investors look ahead to economic dataAsian shares are trading mixed as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »

Stock market today: Asian shares trade mixed as investors look ahead to economic dataAsian shares are trading mixed as investors look ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market. On Tuesday, shares fell in Seoul, Hong Kong and Shanghai, while gaining in Tokyo and Sydney.
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