A look at the day ahead in European and global markets from Wayne Cole.
Singapore's central bank sprang the surprise of the Asian day by halting its tightening cycle when markets had expected a sixth straight round of restraint.
The MAS is a famously conservative institution so pausing was a big step, and joins peers in Australia, India, Canada and South Korea among others. Analysts at NatWest Markets are tipping a drop of 1.3% for March, the weakest performance since July 2021.
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