Australian NAB Business Confidence (Mar) -29 (Prev. -1)
The Australian NAB Business Confidence index has dropped significantly from -1 to -29, indicating a sharp decline in sentiment among business leaders.
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 Confidence (Mar) -29 (Prev. -1)
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 notable deterioration suggests potential headwinds for the Australian economy, which could prompt reevaluations of monetary policy and GDP growth forecasts ahead, especially given the extent of the shift.
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