Australian NAB Business Confidence (Feb) -1 (Prev. 3)
The drop in Australian NAB Business Confidence from a previous reading of 3 to -1 signals a significant deterioration in sentiment among businesses.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singapore Exchange (SGX SP) is set to launch Asian government bond futures amid geopolitical turmoil
US President Trump posts "If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far"
Australian NAB Business Confidence (Feb) -1 (Prev. 3)
PBoC is expected to set USD/CNY mid-point at 6.8891 (prev. 6.9158)
Korea Exchange activates sidecar on KOSPI after futures jumped 5%
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This could indicate potential headwinds for economic growth in Australia, raising concerns about consumer spending and overall economic momentum, which may influence the RBA's policy outlook going forward.
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