Market View: Is Japan’s mixed PMI signaling caution or opportunity for investors?

Singapore Airlines reported a 2.6% year-on-year increase in passenger traffic in November, reaching 13.3 billion passenger-kilometres, slightly outpacing the 2.2% growth in capacity across its full-service and budget carriers. In Japan, the latest PMI data showed manufacturing activity remained in contraction at 49.7, though improving from 48.7 in November, while services growth eased slightly to 52.5 from 53.2, pointing to a mixed economic outlook as the country heads into 2026. Meanwhile in Australia, consumer sentiment fell 9% to 94.5 in December, slipping back below the 100-mark as households grapple with renewed concerns over inflation and interest rates. On Market View, Alexandra Parada speaks to Kelvin Wong, Senior Analyst at OANDA, to discuss more about the day’s biggest market movements.See omnystudio.com/listener for privacy information.