Australian Inflation Rate MoM (Mar) M/M 1.1% vs. Exp. 1.3% (Prev. 0.0%, Low. 0.9%, High. 1.6%)
The Australian inflation rate for March came in at 1.1%, slightly below the 1.3% expectation, indicating weaker-than-anticipated inflation pressure.
Sinopec (600028 CH) exec. says Q1 LNG import business incurred a CNY 830mln loss due to reduced supplies under term supplies and higher spot imports
RBNZ Governor Breman says the global environment continues to present headwinds, Q1 core inflation have remained stable within the 1-3% target band
Australian Inflation Rate MoM (Mar) M/M 1.1% vs. Exp. 1.3% (Prev. 0.0%, Low. 0.9%, High. 1.6%)
Talks over a USD 500mln US government rescue financing deal for Spirit Aviation has hit an impasse, according to Bloomberg citing sources
PBoC injects CNY 26bln via 7-day reverse repos with the rate maintained at 1.40%
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This miss could lead to speculation about potential dovish shifts by the Reserve Bank of Australia and may impact expectations for future rate adjustments. Additionally, it might weigh on the AUD in the near term as the market reassesses inflation trajectories and their implications for policy.
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