Australian Net Exports Contribution to GDP (Q4) -0.1% vs. Exp. -0.3% (Prev. -0.1%)
The Australian net exports contribution to GDP for Q4 came in at -0.1%, outperforming expectations of -0.3%.
US Embassy in Riyadh was empty at the time of Iranian drone strike and there are no injuries, according to an official cited by Fox News
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Compal Electronics Inc (2324 TT) projected PC shipments this quarter could fall 15–20% Q/Q due to seasonal factors and memory chip shortages.
Australian Net Exports Contribution to GDP (Q4) -0.1% vs. Exp. -0.3% (Prev. -0.1%)
PBoC is expected to set USD/CNY mid-point at 6.8816 (prev. 6.9236)
Senior US official confirms the US Embassy in Saudi Arabia was hit in an attack, apparently by a drone, according to N12
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This slight beat suggests exports stabilized better than anticipated, which may provide support for the overall economic outlook and influence monetary policy discussions moving forward.
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