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23/09/2026 17:23

Bank of England Deputy Governor to deliver speech, US to release PMI data

   {Economic Information Daily, 23rd Special Report} Yesterday, the three major US stock indices moved differently. Tech stocks continued to benefit from the rising AI investment trend, pushing the Nasdaq to new intraday and closing highs, ending up about 0.4% at 27,244.28 points; the S&P 500 dipped slightly by 0.06 points to 7,764.64 points; the Dow Jones fell 185.14 points, or 0.36%, to 51,863.69 points. In Hong Kong, the Hang Seng Index closed at 24,834, down 253 points or 1%, with turnover of HK$184.3 billion.

   Regarding major economic events around the world, at 8:00pm Hong Kong time tonight, Ruth Smith, Executive Director for Resolution at the Bank of England, will deliver a speech. At 10:00pm, Bank of England Deputy Governor Lombardelli will deliver a speech. At 10:05pm, Federal Reserve Governor Barr will speak on the topic of "housing" at the "Housing Affordability in 2026: Community Development Summit" hosted by the Chicago Fed. At 12:00am early Thursday, ECB Executive Board member Cipollone will deliver a speech and then participate in a panel discussion. At 12:30am, ECB Executive Board member Lane will deliver a speech.

   On the data front, at 9:45pm tonight, the US will release September manufacturing Purchasing Managers Index (PMI), forecast to decline from 53.9 to 53.7; the September composite PMI is expected to drop from 56 to 55.3; the September services PMI is expected to fall from 56.5 to 55.8. (wa)
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