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China's fifth plenum, Jio listing on Indian bourses, BOJ meeting

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Context

What happened: China's top officials meet for the fifth plenum on party discipline, Jio Platforms is set to list in India after a record IPO, and the Bank of Japan holds a two-day policy meeting. Key numbers: Jio's IPO raised $3.2 billion, the country's largest ever, and was fully subscribed within two hours. The plenum runs until Thursday. The BOJ decision comes Friday. Why it matters: The plenum is a chance for Xi Jinping to stamp his authority ahead of leadership changes expected next year. Markets will watch Gov. Kazuo Ueda's comments for clues on a December rate hike.

What changed

China's top officials meet for the fifth plenum on party discipline, Jio Platforms is set to list in India after a record IPO, and the Bank of Japan holds a two-day policy meeting.

Why it matters

The plenum is a chance for Xi Jinping to stamp his authority ahead of leadership changes expected next year. Markets will watch Gov. Kazuo Ueda's comments for clues on a December rate hike.

Sources

nikkei