Australian GDP Capital Expenditure QoQ (Q4) Q/Q 0.7% (Prev. 3.0%, Rev. From 3%)
The Australian GDP Capital Expenditure for Q4 came in at 0.7%, significantly lower than the previous 3.0% and revised down from 3%.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Acer Gaming Inc. (6908 TT) FY (TWD) rev. rose 28.4% Y/Y to 5.52bln and said it expects revenue to grow each quarter this year with annual sales set to surpass last year’s total
US President Trump's administration is reportedly debating permitting Tencent (700 HK) to keep its gaming investments, according to FT
Australian GDP Capital Expenditure QoQ (Q4) Q/Q 0.7% (Prev. 3.0%, Rev. From 3%)
Bank of Korea Governor Rhee says to hold meeting to review markets, adds to closely monitor for excessive moves in FX and interest rates, will respond if needed on the forex market to prevent herd-like behaviour
US Central Command says they destroyed 17 Iranian ships and no Iranian ships sailing in the Gulf or Strait of Hormuz or Gulf of Oman today
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This miss indicates a slowdown in business investments, which may signal weaker economic growth, potentially impacting monetary policy and market sentiment going forward.
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