Australian Inflation Rate MoM (Feb) M/M 0.0% vs. Exp. 0% (Prev. 0.4%, Low. -0.2%, High. 0.4%)
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Philippines ambassador to the US says Manila is working with the US State Department to get waivers to purchase oil from US sanctioned countries, and all options are being considered
PBoC is expected to set USD/CNY mid-point at 6.8818 (prev. 6.8943)
Australian Inflation Rate MoM (Feb) M/M 0.0% vs. Exp. 0% (Prev. 0.4%, Low. -0.2%, High. 0.4%)
RBNZ Chief Economist Paul Conway urged New Zealand's government to pursue structural reforms to lift productivity, saying monetary policy can’t solve the cost-of-living crisis alone
Meta's (META) new display glasses withheld from EU market due to battery regulation and supply shortages
On the Newsquawk feed at , 20 minutes before this page.
Context
The Australian inflation rate for February printed at 0.0% month-on-month, matching expectations, following a previous reading of 0.4%. This outcome suggests a stabilization in inflationary pressures, which may maintain the current policy stance of the Reserve Bank of Australia. Traders should watch for implications this might have on the AUD and broader market sentiment as it reflects the ongoing balance between growth and inflation expectations.
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