Taiwan S&P Global Manufacturing PMI (Jan) 51.70 (Prev. 50.90)

Newsquawk Staff · 2 Feb 2026, 00:50 UTC

What it means

The increase in Taiwan's S&P Global Manufacturing PMI to 51.70 from the previous 50.90 suggests a strengthening manufacturing sector, signaling potential growth momentum. This positive shift may influence monetary policy expectations, as stronger economic data could lead to firmer stances on rates or growth forecasts, particularly in the context of regional manufacturing trends.

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US Market Open, 5 Nov, 10:57 UTC · what it led with

US President Trump said it was "largely true" that Republicans lost the midterms because of the Iran war, while he said he is not replacing War Secretary Hegseth.
European bourses build on recent advances; AI/memory sell off continues, with NQ -0.5% underperforming.

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AUD/USD−0.3%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%

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