Singaporean Non-Oil Exports MoM (Apr) M/M 11% (Prev. 3%)
The Singaporean Non-Oil Exports data for April came in significantly higher at 11%, compared to the previous month's 3%.
PRE-MARKET CHINESE STOCK NEWS: Chinese House Prices, Industrial Production & Retail Sales Data is Scheduled Today
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: ST Engineering (STE SP) Q1 (SGD) rev. rose to 3.26bln (prev. 2.92bln Y/Y)
Singaporean Non-Oil Exports MoM (Apr) M/M 11% (Prev. 3%)
Korea Exchange activated a sidecar on the KOSPI after KOSPI 200 futures fell 5%, with programme trading halted for 5 minutes
PBoC is expected to set USD/CNY mid-point at 6.8086 (prev. 6.8415)
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This strong growth indicates robust demand dynamics and could suggest positive momentum for the economy, potentially influencing monetary policy considerations and currency strength in the region moving forward.
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