Thai S&P Global Manufacturing PMI (Jan) 58.3 (Prev. 57.4)
The Thai S&P Global Manufacturing PMI increased to 58.3 in January, up from 57.4 previously, indicating stronger expansion in the manufacturing sector.
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singapore Telecommunications (ST SP) and KKR are near a deal for STT Global Data Centres that would value it at SGD 13bln
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Thai S&P Global Manufacturing PMI (Jan) 58.3 (Prev. 57.4)
PBoC is expected to set USD/CNY mid-point at 6.9710 (prev. 6.9678)
[MARKET UPDATE] Asia-Pac stocks begin mostly lower amid several bearish themes including partial US government shutdown, weak Chinese PMIs, NVIDIA halting USD 100bln OpenAI investment plan, although Japan bucks the trend on the Takaichi trade
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This rise suggests improving economic activity, which may have positive implications for the outlook on inflation and monetary policy in Thailand.
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