Nikada
Japan +1.68%. Japan data August Core Machinery Orders -0.5% m/m (expected +0.4%) & -7.7% y/y (-7.3%).
Japan data: September PPI -0.3% m/m (expected 0.1%) +2.0% y/y (expected 2.3%).
China +0.76%. Extends gains from the previous session following news that a state fund increased stake in the country’s biggest banks.
Hong Kong +2.01%.
India +0.02%. India is slated to release its inflation numbers for September later Thursday.
Australia +0.04%. Australian data: Melbourne Institute Consumer Inflation Expectations 4.8% (prior 4.6%).
New Zealand food prices fall in m/m September: FPI -0.4% m/m.
In the U.S. on Wednesday, all three major indexes ended higher for the fourth consecutive day as traders shrugged off faster-than-expected producer price data and welcomed less hawkish comments from US Fed officials.
In the US Fed minutes published Wednesday, US policymakers said rates would remain elevated for “some time” to bring inflation down, while US producer inflation data came in hotter than anticipated in September. Meanwhile, investors cautiously awaited US consumer inflation data due later in the day for fresh insight on the economy.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
U.S. stock futures edged higher on Thursday: Dow +0.21%; S&P 500 +0.29%; Nasdaq +0.32%.
ETFs: (JEQ), (EWJ), (DXJ), (FXY), (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX), (CYB).
