Australian Trimmed Mean CPI YY (Dec) 3.3% vs. Exp. 3.3% (Prev. 3.2%)
The Australian Trimmed Mean CPI print for December met expectations at 3.3%, slightly up from the previous 3.2%.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singapore Technologies Engineering (STE SP) posted a record SGD 18.7bln in contract wins for FY2025
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Australian Trimmed Mean CPI YY (Dec) 3.3% vs. Exp. 3.3% (Prev. 3.2%)
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[MARKET UPDATE] Asia-Pac stocks begin mixed following the mostly positive handover from Wall St but with some cautiousness ahead of the FOMC and mega-cap earnings, while Japan suffers on currency strength following Trump's recent FX rhetoric
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This stable inflation indicator suggests that underlying price pressures remain contained, which could influence expectations around monetary policy but may not trigger an immediate reaction from the RBA. Traders should watch for whether this stability continues in future releases, as it could affect the rate outlook and broader market dynamics.
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