Australian Construction Work Done QoQ (Q4) Q/Q -0.1% vs. Exp. 0.9% (Prev. -0.7%, Low. 0%, High. 2.5%)
The Australian Construction Work Done data shows a contraction of -0.1% in Q4, missing expectations of 0.9% and reflecting a prior decline of -0.7%.
China may see lower rates from Q2, according to experts cited by China Securities Journal
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Earnings from OCBC, Sembcorp Industries, Singapore Airlines & Singapore Post
Australian Construction Work Done QoQ (Q4) Q/Q -0.1% vs. Exp. 0.9% (Prev. -0.7%, Low. 0%, High. 2.5%)
PBoC is expected to set USD/CNY mid-point at 6.8824 (prev. 6.9414)
Hong Kong budget is speculated to include funding for tech hub and aerospace sector incentives, according to SCMP
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This underperformance suggests potential weakening in the construction sector, which could prompt reassessment of growth prospects and monetary policy moving forward.
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