Singapore PMI (Mar) 56.7 (Prev. 59.2)
The Singapore PMI for March has come in at 56.7, a decline from the previous reading of 59.2.
Air raid sirens sounded in 186 locations in Tel Aviv, the coastal plain, and southern Nagev after detecting missiles allegedly originating from Iran, according to reports from Sky News Arabia
Israeli army reports missiles launched from Iran, according to TASS
Singapore PMI (Mar) 56.7 (Prev. 59.2)
Samsung Electronics (005930 KS) Q1 oper. profit is seen rising six-fold Y/Y to a record KRW 40.5tln and revenue seen increasing 50% Y/Y ahead of tomorrow's prelim. results
[MARKET UPDATE] Asia-Pac stocks begin higher despite recent Trump threats, as the region also digests last Friday's better-than-expected US jobs data, while conditions remain thinned owing to mass holiday closures for Easter and the Ching Ming Festival
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This downward shift may indicate a potential easing in manufacturing activity, suggesting that growth momentum could be waning. Market participants will likely assess this data for implications on Singapore's economic outlook and potential impacts on monetary policy moving forward.
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