Australian NAB Business Conditions (Mar) 6 (Prev. 7)
The NAB Business Conditions index in Australia has dropped to 6 from 7, indicating a modest decline in business sentiment.
China March YTD yuan-denominated exports rose 11.9% Y/Y and imports rose 19.6% Y/Y, Trade Balance for Q1 at CNY 1.86tln
Canadian PM Carney receives a parliamentary majority following a win by liberals in a special election for a vacant seat, as expected
Australian NAB Business Conditions (Mar) 6 (Prev. 7)
Nissan (7201 JT) will reduce its global line-up to 46 models from 56
PBoC injects CNY 1bln via 7-day reverse repos with the rate at 1.40%
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This decrease may suggest a weakening outlook for economic activity, which could have implications for future policy adjustments by the Reserve Bank of Australia. Traders should monitor how this change aligns with broader economic trends and its potential impact on market sentiment and Australian dollar movements.
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