Market WATCh Weekly 12 November 2021

Market WATCh Weekly 12 November 2021

November 12, 2021

Australian employment continued to be dragged down by Victoria in early October but employment in New South Wales bounced in anticipation of the upcoming end to the lockdown. The Aussie unemployment rate rose sharply. Business conditions and confidence, as well as consumer sentiment improved after COVID-related restrictions were eased. Offshore, US annual headline CPI inflation rose to the highest levels since late 1990 in October, while annual PPI inflation remained at a series high. Chinese PPI inflation reached the highest levels since mid-1990s.

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