Indian HSBC Manufacturing PMI Flash (Oct) 54.9 (Prev. 55.1)
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Indian HSBC Manufacturing PMI Flash (Oct) 54.9 (Prev. 55.1) Flash manufacturing PMI prints from the Indian series land in a survey that has run at levels most major economies would regard as firmly expansionary, and a marginal dip of this size sits well inside the noise band that revisions and the final print typically absorb. The established sequence is that the flash moves INR rates and equity futures briefly, with follow-through dependent on whether the subindices, new orders, input and output prices, and employment, point the same way as the headline or against it. The transmission channel worth naming is the RBI reaction function: strength in activity alongside sticky price components has historically argued for prolonged policy patience rather than any imminent easing, which matters more for the front of the INR curve and rate-sensitive banks than for the broad index. Composite and services flashes, when they accompany or follow, usually carry more information than manufacturing alone given the structure of the economy. A two-tick move off a high base is a steady-state signal, not a turn. 23 Oct, 03:25 [MARKET ANALYSIS] Asia-Pac stocks are mostly lower following the tech rout and flight-to quality stateside 23 Oct, 01:21 PRE-MARKET CHINESE STOCKS NEWS: Earnings from China Telecom and Chow Tai fook 22 Oct, 22:00 Australian S&P Global Composite PMI Flash (Oct) 49.7 (Prev. 49.6) 22 Oct, 14:00 Newsquawk Daily Economic Releases - 23rd October 2026 21 Oct, 20:37 Newsquawk Daily Asia-Pac Opening News - 22nd October 2026 Indian HSBC Services PMI Flash (Oct) 56.2 (Prev. 55.2) 20 min ago Indian HSBC Composite PMI Flash (Oct) 56.7 (Prev. 55.9) 20 min ago Singapore CPI (Sep MM) 0.2% (Prev. 0.6%) 20 min ago Singapore Core CPI (Sep YY) 2.00% vs. Exp. 2.3% (Prev. 2.20%) 20 min ago Singapore CPI (Sep YY) 2.2% vs. Exp. 2.3% (Prev. 2.3%) 20 min ago Newsquawk Daily Asia-Pac Opening News - 23rd October 2026 7 hours ago US TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 1 POINT AND 9+ TICKS HIGHER AT 106-13 9 hours ago Kering (KER FP) says traffic remains the main constraint; fashion and leather goods retail sales fell 4% comp., a sequential slowdown reflecting a more challenging environment, less support from Gucci and lower summer traffic, especially in mainland China 12 hours ago Newsquawk Daily US Earnings Estimates - 23rd October 2026: AXP 13 hours ago US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile 15 hours ago Canadian PPI (Sep MM) 2.0% vs. Exp. 0.9% (Prev. 1.3%) 16 hours ago South African Building Permits (Aug YY) -4.3% (Prev. 4.1%) 16 hours ago US Initial Jobless Claims (Oct/17) 194K vs. Exp. 200K (Prev. 200K) 16 hours ago Mexican Mid-month Core CPI (Oct YY) 3.78% vs. Exp. 3.70% (Prev. 3.79%) 17 hours ago Mexican Mid-month CPI (Oct YY) 3.62% vs. Exp. 3.60% (Prev. 3.42%) 17 hours ago
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