Sep 30 ,2026
Synopsis:
Asian markets set for mixed start to Thursday trade. Futures signaling small initial gain in Japan, losses in South Korea and Australia. Greater Chinese markets closed for National Day holiday. S&P 500 futures higher afterhours. Australian bond yields higher across the curve after Treasury curve bear steepened. Dollar steady against majors, at two-month high against Aussie. Crude fluctuating around $90 amid lack of Middle East diplomatic traction. Gold and silver flat. Bitcoin unchanged.
Micron out with a beat and raise. Expects stronger fiscal 2027 with sequential revenue growth in each quarter though flagged narrower margins due to increased worker compensation. Revealed $10B increase in long-term customer agreements and locked in most of its 2027 HBM supply agreements with significant price increases. Reiterated expectations for tight memory market through 2028. Upgraded 2027 capex estimate, focusing more on construction than equipment. Next-gen DRAM and NAND on track for volume production in H2 2027.
Another busy day on economic calendar with BOJ Tankan shaping as an important determinant of rate hike expectations (October vs December move). BOJ Summary of Opinions to detail board member views that informed September's rate hike. South Korea trade data expected to show another semiconductor-driven surge in exports last month, albeit at a slower pace due to fewer working days. Asia PMIs also due out.
Pre-open Company News:
D01.SP -- DFI Retail Group Holdings to assume Maxim's Caterer's interest in the Starbucks licensed business
AEON -- AEON Biopharma notes FDA Type 2B meeting feedback clarifies biosimilar development plan for ABP-450
540769.IN -- Government appoints Lavanya Mundayur as The New India Assurance CMD, effective today
533272.IN -- Transcript Intelligence: Jupiter Wagons at Arihant Capital Bharat Connect Conference
9412.JP -- SKY Perfect JSAT Holdings releases 2026 Integrated Report
524804.IN -- Aurobindo Pharma announces US launch of ADQUEY
6639.HK -- Arrail Group further delays publication of outstanding financial results
003530.KS -- HANWHA INVESTMENT & SECURITIES Co. launches KRW500.00B placement
PTTEP.TB -- PTT Exploration & Production CFO Chanamas Sasnanand steps down, effective today
6239.TT -- Powertech Technology completes 10.0M-share buyback at NT$278.48/share
300919.CH -- CNGR Advanced Material CFO Zhu Zongyuan resigns due to work arrangements, effective immediately
543526.IN -- Life Insurance Corp. of India CFO Shatmanyu Shrivastava to step down upon superannuation, effective today
688279.CH -- Fortior Technology to buy Sciosense BV for $118.0M (CNY791.0M)
832.HK -- Central China Real Estate advances offshore debt restructuring, extends CNY1.61B of borrowings
+YHTE -- Primagrove Limited files IPO to offer 6.25M shares on a firm commitment basis in the range of $4-6 per share - F-1
On Deck:
Japan:
Economic:
08:50 JST: Tankan Large Manufacturing Index NSA; consensus
08:50 JST: Tankan Large Non-Manufacturing Index NSA; consensus
Earnings:
Kusuri No Aoki Holdings (3549.JP), NISHIMATSUYA CHAIN (7545.JP), HEIWADO CO. (8276.JP)
South Korea:
Economic:
11:00 KST: Trade Balance NSA; consensus +$27.9B
11:00 KST: Export NSA Y/Y; consensus +62.2%
11:00 KST: Import NSA Y/Y; consensus +26%
Australia:
Economic:
11:30 AEST: Trade Balance on Goods; consensus +A$2.1B
Indonesia:
Economic:
11:00 SAST: CPI NSA Y/Y; consensus +3.3%
Market Data:
Gold (Dec 26): ($2.00) or (0.05%) to $4184.70
WTI Crude (Nov 26): ($0.40) or (0.44%) to $90.02
$-¥: +0.11 or +0.07% to 157.4010
$-KRW: +5.79 or +0.43% to 1357.0840
A$-$: (0.00) or (0.55%) to 0.6947
$-INR: +0.01 or +0.01% to 95.9077
$-CNY: (0.00) or (0.00%) to 6.7038
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