Korea (Republic of) S&P Global Manufacturing PMI (Mar) 52.6 (Prev. 51.1)
The increase in South Korea's S&P Global Manufacturing PMI from 51.1 to 52.6 indicates a notable uptick in manufacturing activity, suggesting improved economic conditions in the sector.
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
Korea (Republic of) S&P Global Manufacturing PMI (Mar) 52.6 (Prev. 51.1)
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 beat relative to previous levels may influence market sentiment positively, particularly regarding growth outlook and potential support for monetary policy. Traders should watch for implications on the Korean won as well as regional equities, given the PMI's significance as a leading indicator.
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