Market WATCh Weekly 9 April 2021

Market WATCh Weekly 9 April 2021

April 9, 2021

In Australia, the RBA left its monetary policy parameters unchanged, as expected. Job advertisements hit a 12-year high in March, while the AIG reports pointed to strong growth in construction and in services activity. Offshore, the US ISM Services PMI jumped to the highest level on record in March (since 1997). Activity growth in Chinese services accelerated in March, while Chinese PPI inflation reached the highest level in almost three years.

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