Australian CPI YY (Nov) 3.40% vs. Exp. 3.60% (Prev. 3.80%)
The Australian CPI reading for November came in at 3.40%, slightly below expectations of 3.60% and down from the previous 3.80%.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nanya Technology (2408 TT) December revenue rose 445% Y/Y to TWD 12.0bln, while 2025 revenue rose 95% Y/Y to TWD 66.59bln
Russia sends a submarine to escort tanker the US tried to seize off Venezuela, according to WSJ
Australian CPI YY (Nov) 3.40% vs. Exp. 3.60% (Prev. 3.80%)
PBoC is expected to set USD/CNY mid-point at 6.9896 (prev. 7.0173)
[MARKET UPDATE] WTI crude futures continue to trickle lower and are down over USD 1/bbl following US President Trump's announcement that Venezuelan authorities will be turning over 30mln-50mln bbls of oil to the US
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This miss may indicate a moderation in price pressures, which could have implications for the RBA's future policy decisions and the AUD's strength against major currencies like the USD.
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