Goldman Sachs analysts indicate most Asian economies will experience slightly lower US tariffs after the Supreme Court ruling on IEEPA tariffs, with China expected to see the largest decline
Goldman Sachs' assessment suggests that the recent Supreme Court ruling on IEEPA tariffs may lead to a reduction in US tariffs across most Asian economies, with China poised to benefit the most.
Singaporean Inflation Rate MoM (Jan) M/M -0.5% vs Exp. -0.3% (Prev. 0.3%)
Thai Balance of Trade (Jan) -3.3B (Prev. -0.35B)
Goldman Sachs analysts indicate most Asian economies will experience slightly lower US tariffs after the Supreme Court ruling on IEEPA tariffs, with China expected to see the largest decline
PRE-MARKET INDIAN STOCKS NEWS: IDFC First Bank (IDFCB IS) disclosed a INR 5.9bln fraud linked to a Haryana government account at its Chandigarh branch
Thailand Customs-Based Exports YY (Jan) 42.4% vs Exp. 9.4% (Prev. 16.8%)
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This development could enhance trade dynamics and improve the competitive landscape for Asian exports, particularly for China, which may positively affect market sentiment and risk assets in the region.
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