Ireland AIB Manufacturing PMI climbed from previous 53.1 to 53.7 in March
Ireland AIB Manufacturing PMI climbed from previous 53.1 to 53.7 in March
Japan Tankan Non - Manufacturing Outlook came in at 29, above forecasts (28) in 1Q
Japan Tankan Non - Manufacturing Index above expectations (33) in 1Q: Actual (36)
Japan Tankan Large All Industry Capex fell from previous 12.6% to 3.3% in 1Q
Japan Tankan Large Manufacturing Outlook came in at 14, above forecasts (13) in 1Q
Japan Tankan Large Manufacturing Index registered at 17 above expectations (16) in 1Q
TD Securities’ Global Strategy Team reports that China’s March PMIs moved back into expansion, with Manufacturing and Non-manufacturing both beating expectations.
UOB notes that the central bank of Malaysia, Bank Negara Malaysia (BNM) is expected to keep the Overnight Policy Rate at 2.75% through early 2027.
OCBC strategists Sim Moh Siong and Christopher Wong highlight USD/IDR grinding higher toward 17,000 on firm Dollar, risk-off sentiment and Oil-related terms-of-trade pressures.
Australia S&P Global Manufacturing PMI below expectations (50.1) in March: Actual (49.8)
BNY’s Head of Markets Macro Strategy Bob Savage notes that the Bank of Korea (BoK) may consider policy easing as Middle East geopolitical shocks threaten domestic growth.
GBP/USD edged 0.32% higher on Tuesday in choppy trading, closing around 1.3230 after swinging between a session low near 1.3160 and a high close to 1.3260. The gain snapped a five-day losing streak, though the bounce lacked conviction and left price well below its key moving averages overhead.