Indian HSBC Manufacturing PMI Flash (Jan) 56.8 (Prev. 55)
The flash PMI reading for India's manufacturing sector coming in at 56.8, up from 55, suggests a stronger expansion in activity than previously indicated.
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 Manufacturing PMI Flash (Jan) 56.8 (Prev. 55)
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 positive momentum could bolster sentiment around economic growth in India, potentially impacting policies regarding rates and the currency as markets assess its implications for inflation and overall economic health.
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