Australian Import Prices QoQ (Q1) Q/Q 0.1% vs. Exp. -0.6% (Prev. 0.9%)
The Australian import prices coming in at 0.1% versus the expected -0.6% signals stronger-than-anticipated demand relative to expectations.
Chinese RatingDog Manufacturing PMI (Apr) M/M 52.2 vs exp. 50.9 (prev. 50.8)
US CENTCOM has asked to send the Army's hypersonic missile to the Middle East for possible use against Iran, Bloomberg reports citing sources
Australian Import Prices QoQ (Q1) Q/Q 0.1% vs. Exp. -0.6% (Prev. 0.9%)
PBoC injects CNY 126.2bln via 7-day reverse repos with the rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 6.8628 vs exp. 6.8414 (prev. 6.8608)
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This could suggest upward pressure on inflation, potentially impacting the RBA's monetary policy considerations. With a prior reading of 0.9%, the trend appears less pronounced, but this beat indicates resilience in the import sector.
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