Australian Balance of Trade (Nov) 2.936B vs. Exp. 4.9B (Prev. 4.385B )
The Australian Balance of Trade for November came in at 2.936 billion AUD, significantly below expectations of 4.9 billion AUD and a prior figure of 4.385 billion AUD.
China hacked email systems of US Congressional Committee staff with Beijing intelligence said to have used Salt Typhoon to access communications used by top panels in US Congress, while the intrusions were detected in December, FT reports
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Silicon Precision Industries Co. (2325 TT) signed facility engineering contracts with Acter Co. worth around TWD 596mln
Australian Balance of Trade (Nov) 2.936B vs. Exp. 4.9B (Prev. 4.385B )
South Korean Finance Minister says FX market is showing heightened volatility and FX rate is out of line with fundamentals, adds will swiftly deploy policy measures to stabilise FX market and will prepare measures to encourage investment in local equities
PBoC is expected to set USD/CNY mid-point at 7.9926 (prev. 7.0187)
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This shortfall may suggest a weakening in external demand or increased imports that could have implications for the Australian dollar, as it raises concerns about the broader economic outlook and trade momentum, potentially influencing monetary policy assessments.
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