Japan's Nikkei 225 jumps 2.5% as yen weakens

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Japan's Nikkei 225 jumps 2.5% as yen weakens
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Markets in mainland China will remain closed until Oct. 8 for a week-long holiday and South Korea will be shut Thursday for National Foundation Day.

Australia's seasonally adjusted Judo Bank Composite PMI data came in at 49.6 in September, lower from the 51.7 in August, falling past the 50 neutral mark.

The yen slid to as weak as 146.54 against the U.S. dollar overnight. On Wednesday, Japan's new prime minister, Shigeru Ishiba, told reporters economic conditions don't currently support another rate hike. Ishiba made his commentsdata came in at 49.6 in September, lower from the 51.7 in August, falling past the 50 neutral mark. The services PMI posted 50.5, down from 52.5 in August.

The Australian Bureau of Statistics is also expected to report the country's trade data for August. Economists surveyed in a Reuters poll forecast a surplus of 5.5 billion Australian dollars, down from AU$6.01 billion in July. TV personality La La Anthony on why you should have multiple streams of income: You're ‘crazy if you only do one thing'

Markets in mainland China will remain closed until Oct. 8 for a week-long holiday, while South Korea will be shut Thursday for National Foundation Day.futures were at 22,438, slightly lower than the HSI's last close of 22,443.

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