Malaysian Retail Sales YoY (Nov) Y/Y 6.4% vs. Exp. 6.2% (Prev. 6.8% )
Malaysian retail sales for November came in at 6.4%, slightly beating expectations of 6.2% but down from the previous month's 6.8%.
Singapore Exchange (SGX SP) December securities market turnover rose 29% Y/Y to SGD 25.8bln
Dutch Business Confidence (Dec) -1.1 vs. Exp. -1.5 (Prev. -1.7)
Malaysian Retail Sales YoY (Nov) Y/Y 6.4% vs. Exp. 6.2% (Prev. 6.8% )
China's Finance Ministry sells 10-year bonds with the yield at 1.8627%
PRE-MARKET INDIAN STOCKS NEWS: Bharat Forge (BHFC IS) said it has inked a pact with Germany-based Agile Robots SE to explore a strategic collaboration in AI-driven robotics and intelligent industrial automation
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This modest beat might suggest resilience in consumer spending, which is crucial for economic growth, but the decline from October could indicate some cooling off. Overall, it may impact policy considerations around growth initiatives and consumer confidence moving forward.
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