Australian Westpac Consumer Sentiment Index (May) 83.0 (Prev. 80.1)
The Australian Westpac Consumer Sentiment Index increased to 83.0 from the previous 80.1, indicating a notable improvement in consumer confidence.
Israeli media says the main reason US President Trump postponed attacks on Iran is the Pentagon's warning that Iran is strengthening its air defences, according to Al Mayadeen
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Largan Precision (3008 TT) April (TWD) net rose 88.54% Y/Y to 1.831bln
Australian Westpac Consumer Sentiment Index (May) 83.0 (Prev. 80.1)
PBoC is expected to set USD/CNY mid-point at 6.7909 (prev. 6.8435)
[MARKET UPDATE] Mostly positive start to Asia-Pac trade following US President Trump's announcement to hold off on striking Iran, which was initially planned for Tuesday, after a request from Saudi Arabia, UAE and Qatar
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This uptick may suggest stronger household spending prospects, which could influence economic growth expectations and potentially impact monetary policy considerations in Australia.
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