Japan +1.46%. Japan preliminary January PMI: Manufacturing 48.9 (prior 48.9 also), Services 52.4 (51.1).
China Market closed.
Hong Kong Market closed.
Australia +0.44%. Australia weekly consumer confidence survey still deeply pessimistic at 85.9 (prior 87.7).
Australia December business confidence improves to -1 (from -4 previously).
Australia weekly consumer confidence survey still deeply pessimistic at 85.9 (prior 87.7).
Australian official inflation data is due mid-week – preview.
India +0.15%.
Overnight on Wall Street, major stock indexes rallied for the 2nd consecutive day as traders hope that inflation will continue to move lower, allowing the Fed to take the foot off the brake sooner. The Dow Industrial Average rose 254.07 points or 0.76% at 33629.57; S&P index rose 47.22 points or 1.19% have 4019.82; NASDAQ index rose 223.99 points or 2.01% at 11364.42.
Markets in China, Hong Kong, Taiwan, South Korea, Malaysia and Singapore are closed for a holiday.
New Zealand December services PMI: 52.1 (prior 53.7).
