Australian RBA Weighted Median CPI MoM (Mar) M/M 0.8% (Prev. 0.2%)
The strong month-on-month increase in Australia's RBA Weighted Median CPI indicates rising inflationary pressures, substantially above the previous print.
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 RBA Weighted Median CPI MoM (Mar) M/M 0.8% (Prev. 0.2%)
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 suggests a potential shift in the Reserve Bank of Australia's outlook on interest rates, likely necessitating a reassessment of their monetary policy stances. Market participants may respond by adjusting expectations for rate hikes and influencing the AUD's position against other currencies.
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