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China's Central Bank (PBOC) Announced Today That It Conducted 258 Billion Yuan Of 7-day Reverse Repurchase Operations, With Both The Bid And Winning Bids Amounting To 258 Billion Yuan. The Operating Rate Was 1.40%, Unchanged From The Previous Rate
The Central Parity Rate Of The Yuan Against The US Dollar Was Raised By 55 Basis Points To 6.8318, Reaching Its Highest Level Since February 15, 2023
Manganese Silicon Futures (2607 Contract) Rose During The Session, With Gains Widening To 2.08%, Currently Trading At 5994 Yuan/ton, With A Turnover Of Approximately 2.798 Billion Yuan. Open Interest Decreased By Nearly 3500 Lots During The Day, Indicating A Trend Of Rising Prices With Reduced Open Interest. Ferrosilicon Futures (2607 Contract) Experienced Increased Volatility, Currently Trading At 6042 Yuan/ton, A Daily Increase Of 3.46%
The European-Mediterranean Seismological Centre Reports A 4.3-magnitude Earthquake Off The Coast Of Guatemala
OCBC Bank: U.S.-Iran Tensions Easing Boosts Risk Assets, But Unclear Nuclear Details May Limit FX Upside
Singapore's Ministry Of Trade And Industry: We Will Continue To Monitor The Situation And Adjust Our GDP Growth Forecast For The Whole Year
Singapore's Ministry Of Trade And Industry: Continued Supply Disruptions Caused By The Middle East Conflict Could Keep Energy And Other Raw Material Prices High
A Monetary Authority Of Singapore (MAS) Official Said The Economic Assessment And Forecasts, Including The Output Gap, Are Consistent With Previous Projections
A Singapore Monetary Authority Official Stated That The Monetary Policy Stance Remains Appropriate
A Singapore Monetary Authority Official Said: U.S. Officials Have Suggested That Section 301 Aims To Restore Tariff Rates To Previous Levels
A Singapore Monetary Authority (MAS) Official Said Discussions With The United States Regarding The Section 301 Investigation Are Progressing Smoothly And There Are No Surprises
A Monetary Authority Of Singapore (MAS) Official Said The Situation Also Depends On Market Expectations Of A Gradual Appreciation Of The Singapore Dollar
A Monetary Authority Of Singapore (MAS) Official Said That Interest Rates In Singapore Are Expected To Remain Relatively Stable In The Future
A Singapore Monetary Authority Official Said There Is Considerable Uncertainty Surrounding Global Interest Rates
Singapore's Economic Growth In The First Quarter Exceeded Expectations, With The AI Boom Offsetting The Energy Shock
Singapore's Ministry Of Trade And Industry Maintains Its 2026 Economic Growth Forecast Of 2% To 4%, Despite The Continued Rise In Downside Risks From The Iran War
Singapore's Q1 GDP Growth Came In At 1% Quarter-on-quarter, Versus An Expected 0.1% And A Previous Reading Of -0.30%

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The U.S. advises citizens to leave Iran amid escalating tensions as critical diplomatic talks face deep divisions and military threats.
The United States has issued an urgent security alert, advising American citizens to "leave Iran now" as tensions escalate ahead of high-stakes diplomatic talks scheduled for Friday in Oman. The notice from the U.S. Virtual Embassy in Iran cautioned Americans to arrange for their departure without relying on assistance from the U.S. government.
The alert comes as representatives from Washington and Tehran prepare for their first official meeting since a major flare-up last year, with little sign of common ground on the agenda.

The U.S. delegation for the talks is set to include Special Envoy Steve Witkoff and Jared Kushner, son-in-law of President Donald Trump. They are expected to meet with a team led by Iran's Foreign Minister, Abbas Araghchi.
This meeting marks the first formal dialogue between the two nations since June of last year, when a 12-day war between Iran and Israel prompted U.S. airstrikes that caused severe damage to Iran's three primary nuclear facilities.
However, significant disagreements over the format and location of the talks have cast a shadow over their potential for success, leaving the possibility of U.S. military action on the table. The negotiations were initially planned to take place in Istanbul, with Turkey acting as a key mediator alongside other regional powers like Egypt, Qatar, and Saudi Arabia.
On Tuesday, Tehran requested a last-minute change, moving the meeting to Oman and restricting it to only Iranian and American officials.
The diplomatic maneuvering unfolds against a backdrop of increasing military pressure. The U.S. has been building up its forces in the Gulf, and President Trump recently intensified his rhetoric, threatening military strikes if Tehran fails to meet a list of American demands.
According to reports, the U.S. government's key demands include:
• The complete disposal of Iran's enriched uranium stockpile.
• Strict limits on Tehran's ballistic missile program.
• An end to the arming and funding of militant groups across the Middle East.
Iran has rejected these terms, describing them as an unacceptable violation of its national sovereignty. Tehran has warned it will respond forcefully to any attack by striking U.S. military targets in the region as well as Israel.
The current standoff is further complicated by Iran's internal situation. Tensions escalated earlier this year following nationwide protests, which were met with a severe government crackdown. According to the Human Rights Activists News Agency, a Washington-based organization, at least 6,883 people had been killed as of Wednesday.
While President Trump had previously threatened to intervene in support of the protestors, he ultimately did not take military action at that time.
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