Indian HSBC Composite PMI Flash (Jan) 59.5 (Prev. 57.8)
The Indian HSBC Composite PMI increased to 59.5 in January from the previous 57.8, indicating stronger growth momentum in both manufacturing and services.
China is considering tighter rules for firms to list in Hong Kong amid deal quality concerns, Bloomberg reports
The Trump administration pushed out 2 key officials focused on countering technological threats from China, the WSJ reports citing sources; this has raised concerns among US security hawks about the softer stance towards China
Indian HSBC Composite PMI Flash (Jan) 59.5 (Prev. 57.8)
Japan's Lower House has been dissolved, as expected
[MARKET UPDATE] JGBs gap lower, outside of the morning range, as the BoJ raised its inflation forecasts and fiscal 2025/2026 growth projections
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This beat suggests robust economic activity, which could influence market expectations about future monetary policy in India, potentially supporting a hawkish stance from the central bank if this trend continues.
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