Economic Highlights (Global)
¨ ECB Kept Its Key Policy Rate Unchanged, But Hinted At
The Use of Unconventional Instruments To Counter Inflation.
¨ Global Services Activities Rebounded In March, Economic Growth Likely Be
Sustained In The 1Q.
¨ US Services Activities Higher In March, Capping An
Overall Strong Economic Growth In The 1Q; Exports Dropped And Imports Slowed In
February, Trade Deficit Continued To Widen.
¨ Eurozone Services Activities Eased Slightly In March, But Rounded Off
The Best Quarter in Three Years For Overall Composite Output in 1Q.
¨ Singapore’s PMI Inched Down In March, But Electronics Sector
Still Up Beat.
¨ Indonesia’s Broad Money Supply Moderated Further In February,
Economic Activities Likely Remain Resilient.
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