On 1 October, the Bank of Japan will release the large manufacturers' DI from its Tankan survey and the main opinions from its Monetary Policy Meeting, while manufacturing-related indicators from the US and Europe will also be released. Mainland China and Hong Kong will be closed for the National Day holiday, and trading in Asian markets is expected to be thin.
In Japan, the large manufacturers' DI from the Bank of Japan's Tankan survey for July–September will be released at 8:50 a.m., with the market consensus expected to be 25, up from 22 previously. The main opinions from the Monetary Policy Meeting will also be released at the same time, and are expected to indicate views on the timing of additional rate hikes and the outlook for prices.
Overseas, the US ISM Manufacturing Index for September, the European unemployment rate for August and US initial jobless claims for last week will be released, providing a series of indicators on current economic conditions. The September manufacturing PMI is also scheduled for release; the previous reading was 54.1.
US initial jobless claims for last week are expected to total 197,000, while the US ISM Manufacturing Index is expected to come in at 55.0. Europe's unemployment rate is expected to be 6.4%, keeping attention focused on labour-market trends at the ECB.
Trading volume in Asian markets is expected to be subdued because mainland China and Hong Kong will be closed for the National Day holiday. Australia's trade balance for August and final consumer price index and PMI figures for India and Switzerland are also scheduled for release, with investors focused on developments by region.