Australian Inflation Rate YoY (Mar) Y/Y 4.6% vs. Exp. 4.7% (Prev. 3.7%)
The Australian inflation rate came in slightly below expectations at 4.6% year-over-year against the forecast of 4.7%, up from the previous 3.7%.
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 YoY (Mar) Y/Y 4.6% vs. Exp. 4.7% (Prev. 3.7%)
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 may influence expectations for the Reserve Bank of Australia's monetary policy, potentially easing pressure for immediate rate hikes. Traders should consider how this might shape the AUD and broader economic sentiment in the region.
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