Australian Business Inventories QoQ (Q4) Q/Q -0.1% (Prev. -0.9%)
The slight improvement in Australian business inventories, declining by only -0.1% compared to a previous -0.9%, suggests a potential stabilization in inventory management.
Goldman Sachs estimates an USD 18/bbl real-time risk premium in crude oil prices and sees impact moderates to + USD 4/bbl if only 50% of Strait of Hormuz flows are impacted for one month
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Realtek Semiconductor (2379 TT) FY (TWD) net income fell 4% Y/Y to 14.8bln, sales rose 8% Y/Y to 122.7bln
Australian Business Inventories QoQ (Q4) Q/Q -0.1% (Prev. -0.9%)
Taiwan is to hold an energy security meeting on Tuesday, according to Commercial Times
[MARKET UPDATE] Asia-Pac stocks are pressured with all focus on geopolitics after the US conducted strikes against Iran, which then retaliated against the US and allies in the Gulf
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While this indicates a less negative trend, it’s essential to assess if this change is enough to impact broader economic conditions, including potential influences on GDP growth and monetary policy discussions.
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