Australian MI Inflation Gauge YY (Mar) 4.3% (Prev. 3.6%)
The Australian MI Inflation Gauge showing a 4.3% year-on-year increase, up from 3.6% previously, suggests rising inflationary pressure within Australia's economy.
PBoC sets USD/CNY mid-point at 6.8854 vs exp. 6.8773 (Prev. 6.8929)
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Australian MI Inflation Gauge YY (Mar) 4.3% (Prev. 3.6%)
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This uptick may signal a need for a more hawkish stance from the central bank if sustained, impacting interest rate expectations and affecting the broader market sentiment around the Australian dollar and inflation-linked assets.
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