Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears 
South Korea Remains MSCI Emerging Market Despite Reform Progress 
Wall Street Ends Mixed as Tech Stocks Struggle Ahead of Micron Earnings 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
The PMIs fell more than expected in Germany, pulled down particularly by lower manufacturing confidence. Whereas, the levels are still high indicating a growth rate around 0,4 % in the third quarter of 2015, argues Nordea Bank.
Domestic demand appear to keep up the German incoming orders reflecting lower demand from emerging markets and China. This effect could be more than temporary since it is already visible in incoming orders.
The turbulence in China has had a negative effect on Euro area confidence, the effect being most visible in Germany. The manufacturing PMI of Euro zone fell to 52 from 52.3 and the services sector fell to 54 from 54.4, both still indicating solid growth in September, notes Nordea Bank.
