Market WATCh Weekly 16 April 2021

Market WATCh Weekly 16 April 2021

April 16, 2021

In Australia, employment rose twice as much as expected in March, while hours worked have returned to pre-COVID levels. NAB business conditions hit a record high in March, while consumer confidence jumped to 11-year highs in April. US economic activity data pointed to a revival in the economic recovery in March, which was accompanied by a rise in consumer price inflation. Last week’s initial jobless claims were the lowest since the pandemic hit. In China, Q1 GDP and the March economic activity indicators surged from last year’s depressed levels. Chinese iron ore imports bounced to a five month high in March.

Download PDF