Expansion in Europe’s manufacturing sector expansion remains unrevised for September, according to analyst’s median estimate, but the reports might show further weakening in conditions, adding more concerns that recovery is floundering.
Manufacturing Sector Conditions Unchanged During September
Asian Market Update
In the Land of the Rising Sun: Japan data came in as expected but did not paint any brighter future, instead confirming that the country is continuing to struggle with its economic recovery. One small bright spot being a print of 1.7% in household spending 0.3% higher than expected. Markets
Asia Session Recap
The end of the long quiet week in Asia brought yet another long and quiet session only disrupted by Chinese data. Although China was out for the National Day holiday, Manufacturing PMI data was still released and came in at 53.8, better than the forecast of 52.5 and last month’s