Investing.com - Shares in Asia were mixed on Tuesday as regional PMIs and central bank policy reviews were noted with attention now turning to the language of a Fed rate review on Wednesday and the U.S. presidential vote next week.
The Shanghai Composite gained 0.33%, while the S&P/ASX 200 fell 0.67%. The Nikkei 225 dipped 0.025.
The Caixin manufacturing PMI soared to 51.2, a full point above the expected 50.2, and followed the semi-official China Federation of Logistics & Purchasing (CFLP) manufacturing PMI for October also at 51.2, data released on Tuesday showed, beating an expected 50.4, as the CFLP non-manufacturing PMI, rose to 54.0 from 53.7 in the previous month.
In Japan, the manufacturing PMI for October came in at 51.4, below the 51.7 level seen.
The Bank of Japan's latest policy review stayed the course after a major policy overhaul last month and the Reserve Bank of Australia's review of the cash rate held steady at a record low 1.50%.
Earlier in Australia, the October AIG manufacturing index came in at 50.9, jumping into expansion territory compared to 49.8 last month. "The manufacturing sector would welcome the boost to investment that a reduction in the company tax rate would provide, even if it was limited to businesses with annual turnover of less than A$50 million," AI Group Chief Executive Innes Willox said.
An FBI review of more emails related to Democratic presidential candidate Hillary Clinton's private server, just over a week before the election, has rattled markets and sparked worries about a surprise election outcome.
An ABC/Washington Post tracking survey released Sunday gave Clinton 46% support from likely voters, to Trump’s 45%. Clinton was ahead by 12 points a week earlier.
Overnight, U.S. stocks were lower after the close on Monday, as losses in the Oil & Gas, Healthcare and Telecoms sectors led shares lower.
At the close in NYSE, the Dow Jones Industrial Average declined 0.10%, while the S&P 500 index lost 0.01%, and the NASDAQ Composite index lost 0.02%.