The minutes of the US Federal Reserve's (Fed) September meeting signaled that the reduction in asset purchases could begin in November or December, and the rate of reduction would be $15 billion per month, with $10 billion in Treasury bonds and $5 billion in mortgage-backed assets.
After the minutes clarified the path to be followed in the process of reducing bond purchases, a buying-heavy course was observed in the stock markets, while the Shanghai composite index decreased after the September inflation data in China indicated that global inflationary pressures would remain on the agenda longer than expected.
According to the data released, the Consumer Price Index in China increased by 0.7 percent year on year in September, while the Producer Price Index increased by 10.7 percent in this period, reaching the highest level in 26 years. In Japan, final industrial production data for August did not meet the expectations. de Kospi index rose 1.5 percent to 2,989 points. In Japan, the Nikkei 225 index increased by 1.5 percent to 28,551 points, while the dollar/yen parity gained 0.2 percent and stabilized at 113.4 levels. It is at 61,098 points with a premium of 0.6. In Hong Kong markets, there are no transactions due to the holiday.
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