# Asia Roundup: Japanese yen appreciates after BOJ's policy rate decision, Asian markets in green, gold back above $1,490 mark - Thursday, October 31, 2019 | EconoTimes

> The Bank of Japan kept its policy rate unchanged at -0.10%. China's manufacturing PMI came in at 49.3 against 49.8 previously and below the 49.9 expected, while its non-manufacturing PMI also softened.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/56810-asia-roundup-japanese-yen-appreciates-after-boj-s-policy-rate-decision-asian
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Weaker Chinese PMI readings point to softer industrial and feed demand, a mild negative for commodity demand, while the BOJ hold leaves yen direction largely unchanged.

## Sources

- econotimes.com: https://econotimes.com/Asia-Roundup-Japanese-yen-appreciates-after-BOJs-policy-rate-decision-Asian-markets-in-green-gold-back-above-1490-mark-Thursday-October-31-2019-1566782

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