Japan Jibun Bank Manufacturing PMI came in at 51.6, above forecasts (51.4) in March
Japan Jibun Bank Manufacturing PMI came in at 51.6, above forecasts (51.4) in March
South Korea Trade Balance above expectations ($21.2B) in March: Actual ($25.74B)
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)