Singapore: Growth risks tilt lower – UOB

UOB’s Senior Economist Alvin Liew reviews Singapore’s latest industrial production data and maintains the 2026 GDP growth forecast at 3.6%, with 2027 at 2.0%. The bank highlights broad-based weakness in February IP, despite continued AI-related support for electronics.

AUD/USD sinks below 0.6900 as Middle East fears fuel rush into USD

The Australian Dollar (AUD) tumbles for the third straight day against the US Dollar (USD) on Thursday as market sentiment turns sour amid a possible escalation of the conflict, amid doubts for a ceasefire agreement between the US and Iran. The AUD/USD pair trades below 0.6900, down 0.76%.

US President Trump delays Iran energy plant strikes until April 6

US President Donald Trump announced on Thursday the delay of Iran's energy plant destruction by ten days, until April 6 at 08:00 PM Eastern Time. Trump emphasized that talks between Washington and Tehran are going "very well" and he decided the pause at the request of the Iranian Government.