Singaporean GDP Growth Rate YoY Adv (Q1) Y/Y 4.6% vs. Exp. 5.4% (Prev. 6.9%)
Singapore's Q1 GDP growth came in at 4.6%, missing the expected 5.4% and down from the previous 6.9%.
US aircraft carrier USS George H.W. Bush is sailing off the coast of Africa and is heading to the Middle East to join Operation Epic Fury, according to two US officials cited by WSJ
[MARKET UPDATE] Asia-Pac stocks are higher following the rebound on Wall St, amid optimism regarding US-Iran peace talks which are said to remain ongoing and with the sides reportedly discussing another round of face-to-face discussions
Singaporean GDP Growth Rate YoY Adv (Q1) Y/Y 4.6% vs. Exp. 5.4% (Prev. 6.9%)
US and Iran discussing another round of face-to-face talks to secure longer-term ceasefire after Islamabad negotiations ended without a deal, while officials aim to meet again before two-week ceasefire expires next week, according to Clash report
Japanese Finance Minister Katayama says to discuss financial markets and energy conditions with counterparts at meetings and ready to roll out measures to support Asian nations
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This shortfall could signal a softening economic momentum, potentially influencing monetary policy considerations as the central bank may reassess its stance to support growth. Traders should watch for market reactions that could reflect adjustments in expectations for future rate decisions or economic outlooks in the region.
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