Asia-Pacific markets were mixed ahead of a monetary policy decision by the Bank of Japan, and economic data through the region.
Asia-Pacific markets were mixed ahead of a key monetary policy decision by the Bank of Japan, and fresh economic data points throughout the region.
Also on Tuesday, China purchasing manager's index data for October will likely show manufacturing grew at an expansionary pace of 50.2, according to economists polled by Reuters.— CNBC's Sarah Min and John Melloy contributed to this reportMorgan Stanley's top strategist says fourth-quarterly rally unlikely
Wilson has been forecasting the S&P 500 ending the year at 3900, making him among the most bearish strategists on Wall Street according toWhile he noted in a Sunday note to clients that initial bullish sentiments waned in September — before picking up again this month on expectations of better third-quarter earnings and seasonal strength into the year-end — his lower estimate for the broad market index remains.
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Bank of Japan may further loosen cap on long-term bond yields, report saysWilliam Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C.
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