Australian Exports MoM (Dec) M/M 1.0% (Prev. -2.9%)
The Australian exports data for December showed a significant rebound, coming in at 1.0% month-over-month compared to a prior decline of -2.9%.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: MediaTek (2454 TT) Q4 (TWD) rev. rose 8.8% Y/Y to 150.2bln
Japanese PM Takaichi is to meet with TSMC's (2330 TT) CEO at 11:00 JST (02:00GMT/21:00EST)
Australian Exports MoM (Dec) M/M 1.0% (Prev. -2.9%)
PBoC is expected to set USD/CNY mid-point at 6.9468 (prev. 6.9533)
[MARKET UPDATE] Asia-Pac stocks are mostly lower following the continued tech rout on Wall St, where semiconductor names were hit, while recent focus was also on geopolitics after US/Iran talks were reported to be off, and then on again
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This reversal indicates a strengthening in demand for Australian goods, which could support the Australian dollar and lessen concerns over trade-related headwinds. Traders should watch for potential impacts on future rate decisions, as stronger export data may influence economic growth projections.
Related headlines
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln1 hour ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources1 hour ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday1 hour ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks2 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased6 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts6 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates1 hour ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed1 hour ago
- India and China could hold talks on the sidelines of BRICS summit, Indian Trade Minister says 2 hours ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low2 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets3 hours ago
- RBA's Hunter says rate rises earlier this year are working, can see in the data4 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US6 hours ago
- PBoC sets USD/CNY mid-point 6.7807 at vs exp. 6.7167 (prev. 6.7829)8 hours ago
- New Zealand ANZ Commodity Prices (Aug) -0.4% (Prev. -4.0%)8 hours ago
- BoJ accounts show there was no large-scale yen intervention on Wednesday42 min ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind43 min ago
- European PPI (Jul MM) 1.6% vs. Exp. 1.2% (Prev. -0.3%)48 min ago
- European PPI (Jul YY) 5.8% (Prev. 4.6%)48 min ago
- Taiwan's cabinet has proposed an additional USD 4.6bln in defence spending for 20261 hour ago
The whole workspace, free to try.
Try it free