Investors will be keeping an eye on China’s trade figures, as well as Singapore’s GDP numbers, which could see the impact of…
An aerial view of a container ship leaving the dockyard in Qingdao in east China's Shandong province.
China's trade numbers for March will be released later in the day, with exports forecast to fall 2.3% year on year by economists polled by Reuters. This follows a weaker-than-expected rise in the country's inflation on Thursday. The city-state's central bank will also release its monetary policy decision on Friday. In contrast to other countries, Singapore uses exchange rate settings for its monetary policy, instead of a benchmark interest rate.is also set for a rebound, with the futures contract in Chicago at 39,770 and its counterpart in Osaka at 39,700 against the index's last close of 39,442.63.reported that the company would transition its Mac product line to artificial intelligence-focused chips.
"I expect inflation to continue its gradual return to 2 percent, although there will likely be bumps along the way, as we've seen in some recent inflation readings," the central bank official said in a speech to bankers in New York.
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