Ivey PMI index 59.8 versus 51.2 estimate

PBOC is expected to set the USD/CNY reference rate at 7.1162 – Reuters estimate

ICYMI - Japanese markets are closed for a holiday today.

The US and Ukraine say they have created a revised peace framework after talks in Geneva, narrowing gaps in Trump’s 28-point plan. Major issues, including security guarantees and territorial terms, remain unresolved.

Dow futures jump 200 pts, signaling a rebound attempt. Traders eye holiday week's impact on November losses.

NZIER’s Shadow Board majority recommends a 25bp cut to 2.25% at the November MPS, arguing the economy is recovering but still has excess capacity. A minority prefers holding rates, warning of inflation risks and overstimulation.

Futures climb on rate cut hopes, but AI stock valuations face scrutiny. S&P 500 down 3.5% MTD.

Millennials face 40yr avg home age, slipping dream. Is the housing market out of reach or just different?