Australian Private Sector Credit MoM (Mar) M/M 0.7% vs. Exp. 0.6% (Prev. 0.6%)
The Australian Private Sector Credit growth of 0.7% in March exceeded expectations of 0.6% and matches the previous month's figure.
Chinese RatingDog Manufacturing PMI (Apr) M/M 52.2 vs exp. 50.9 (prev. 50.8)
US CENTCOM has asked to send the Army's hypersonic missile to the Middle East for possible use against Iran, Bloomberg reports citing sources
Australian Private Sector Credit MoM (Mar) M/M 0.7% vs. Exp. 0.6% (Prev. 0.6%)
PBoC injects CNY 126.2bln via 7-day reverse repos with the rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 6.8628 vs exp. 6.8414 (prev. 6.8608)
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This modest increase suggests stable credit conditions, which could imply continued support for economic activity, potentially influencing monetary policy considerations later on. Traders should monitor how this credit growth aligns with ongoing discussions from the RBA about interest rates and economic health.
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