Indonesian S&P Global Manufacturing PMI (Mar) 50.1 (Prev. 53.8)
The Indonesian S&P Global Manufacturing PMI printed at 50.1 for March, a notable decrease from the previous figure of 53.8, which signals a contraction in manufacturing activity.
United Arab Emirates is preparing to help the US and other allies open the Strait of Hormuz by force, according to WSJ
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: AUO Corp (2409 TT) said it is submitting samples of power-efficient micro LED modules to customers ahead of the commercial launch of advanced packaging copackaged optics for AI data centres
Indonesian S&P Global Manufacturing PMI (Mar) 50.1 (Prev. 53.8)
UKMTO received a report of an incident 17 nautical miles north of Qatar's Doha with a tanker hit by an unkown projectile, although crew are reported as safe
[CALENDAR ADDITION] Australian PM Albanese is to address the nation at 19:00 local time tonight (09:00BST/04:00EDT)
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This sharp decline may suggest weakening demand and could prompt policymakers to reassess their economic strategies in light of growth concerns, particularly as the PMI moving below the neutral 50 mark typically indicates economic contraction.
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