Australian Inflation Rate MoM (Jan) M/M 0.4% vs. Exp. 0.3% (Prev. 1.0%, Low. -0.1%, High. 0.5%)
The Australian inflation rate for January came in at 0.4% month-over-month, exceeding expectations of 0.3% but down from the previous 1.0%.
China may see lower rates from Q2, according to experts cited by China Securities Journal
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Earnings from OCBC, Sembcorp Industries, Singapore Airlines & Singapore Post
Australian Inflation Rate MoM (Jan) M/M 0.4% vs. Exp. 0.3% (Prev. 1.0%, Low. -0.1%, High. 0.5%)
PBoC is expected to set USD/CNY mid-point at 6.8824 (prev. 6.9414)
Hong Kong budget is speculated to include funding for tech hub and aerospace sector incentives, according to SCMP
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This stronger print could indicate persistent inflationary pressures, potentially leading the Reserve Bank of Australia to reassess its monetary policy stance, particularly as it relates to interest rates and broader economic growth.
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