Australian CPI YY (Q4) 3.6% vs Exp. 3.6% (Prev. 3.2%)
The Australian CPI for Q4 came in as expected at 3.6%, matching the consensus while showing a notable increase from the previous 3.2%.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singapore Technologies Engineering (STE SP) posted a record SGD 18.7bln in contract wins for FY2025
PBoC is expected to set USD/CNY mid-point at 6.9231 (prev. 6.9858)
Australian CPI YY (Q4) 3.6% vs Exp. 3.6% (Prev. 3.2%)
SoftBank Group (9984 JT) is in talks to invest up to USD 30bln more in OpenAI, according to WSJ
[MARKET UPDATE] Asia-Pac stocks begin mixed following the mostly positive handover from Wall St but with some cautiousness ahead of the FOMC and mega-cap earnings, while Japan suffers on currency strength following Trump's recent FX rhetoric
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This stability suggests that inflation pressures remain consistent and could reinforce the RBA's current policy stance, with potential implications for future interest rate decisions depending on how this aligns with growth projections.
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