Australian Exports MoM (Nov) M/M -2.9% (Prev. 3.4%)
The November decline in Australian exports by 2.9%, following a previous increase of 3.4%, suggests potential weaknesses in demand or disruptions that could affect GDP growth.
China hacked email systems of US Congressional Committee staff with Beijing intelligence said to have used Salt Typhoon to access communications used by top panels in US Congress, while the intrusions were detected in December, FT reports
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Silicon Precision Industries Co. (2325 TT) signed facility engineering contracts with Acter Co. worth around TWD 596mln
Australian Exports MoM (Nov) M/M -2.9% (Prev. 3.4%)
South Korean Finance Minister says FX market is showing heightened volatility and FX rate is out of line with fundamentals, adds will swiftly deploy policy measures to stabilise FX market and will prepare measures to encourage investment in local equities
PBoC is expected to set USD/CNY mid-point at 7.9926 (prev. 7.0187)
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This negative print may cause market participants to recalibrate their expectations for the Reserve Bank of Australia's monetary policy approach, especially regarding interest rate trajectories in light of growth concerns.
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