Most of the Asia Pacific indices rosed on Monday (2 Oct) morning. This is due to major mixed announcements during the weekend, including the deteriorating of the latest China manufacturing PMI at 50.6, in contrast with the improvement of Japan’s BoJ big manufacturers’ sentiment index at 9, altogether with the avoidance of US Government shutdown due to the temporary Congress agreement.
Japan’s NIKKEI is the leader today, with over 1.4% gain to 32,300, along with Taiwan’s TWII over 1.2% gain to 16,500. Meanwhile, New Zealand’s NZX 50 was the only index that recorded a significant loss by over 0.4% under 11,300.
On the other hand, US Futures continued the rising streak as the S&P 500 didn’t lose the 4,300 level, same with NASDAQ that had been heading for 15,000. The VIX Index that used to gauge market fear sentiment dropped under 17.
The energy commodities such as WTI crude oil continued to cool down to $91, and Brent also fell under $93 level. The natural gas fell under the $2.9 per MMBTU.
Lastly, the US Dollar Index (DXY) reversed to the gain and headed back to 106 again, while the gold price continues the significant drops under $1,860 per Troy ounce, along with other currencies that pair with USD.
