Australian NAB Business Confidence (Dec) 3 (Prev. 1)
The December NAB Business Confidence in Australia has risen to 3 from a previous reading of 1, indicating a notable improvement in business sentiment.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Institute of Economic Research raised its 2026 economic growth forecast for Taiwan to 4.05% from 2.6%
[MARKET UPDATE] South Korea's KOSPI pares earlier losses and returned to flat territory, despite US President Trump's recent announcement to raise tariffs on South Korean autos, lumber, pharma and all other reciprocal tariffs to 25% from 15%
Australian NAB Business Confidence (Dec) 3 (Prev. 1)
PBoC is expected to set USD/CNY mid-point at 6.9548 (prev. 6.9843)
[MARKET UPDATE] Asia-Pac stocks begin mixed following the rebound on Wall St and US President Trump's latest tariff threat against South Korea
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This uptick can suggest a shift towards more favorable economic conditions, potentially influencing expectations for growth and affecting policy decisions by the Reserve Bank of Australia. Traders should monitor how this may impact the AUD and overall market risk appetite.
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