Australian Private Sector Credit YoY (Mar) Y/Y 8.1% (Prev. 7.8%)
The Australian Private Sector Credit data for March shows a rise to 8.1% year-on-year, up from the previous 7.8%.
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 YoY (Mar) Y/Y 8.1% (Prev. 7.8%)
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 increase may indicate stronger credit growth in the economy, which could have implications for consumer spending and overall economic momentum, potentially influencing future monetary policy and interest rates. Investors should watch for how this aligns with broader growth and inflation trends.
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