Australian Quarterly Inflation Rate QoQ (Q1) Q/Q 1.4% vs. Exp. 1.4% (Prev. 0.6%, Low. 1.1%, High. 1.6%)
The Australian quarterly inflation rate for Q1 came in at 1.4%, matching expectations and significantly above the previous quarter's 0.6%.
Sinopec (600028 CH) exec. says Q1 LNG import business incurred a CNY 830mln loss due to reduced supplies under term supplies and higher spot imports
RBNZ Governor Breman says the global environment continues to present headwinds, Q1 core inflation have remained stable within the 1-3% target band
Australian Quarterly Inflation Rate QoQ (Q1) Q/Q 1.4% vs. Exp. 1.4% (Prev. 0.6%, Low. 1.1%, High. 1.6%)
Talks over a USD 500mln US government rescue financing deal for Spirit Aviation has hit an impasse, according to Bloomberg citing sources
PBoC injects CNY 26bln via 7-day reverse repos with the rate maintained at 1.40%
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This consistent performance could reinforce the view that inflation pressures are building, prompting potential implications for monetary policy and interest rates as the central bank assesses the growth-inflation balance going forward.
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