Market WATCh Weekly 22 April 2022

Market WATCh Weekly 22 April 2022

April 22, 2022

In Australia, the RBA Board minutes brought no surprises, but the cash rate expectations picked up over the week. The PMIs rose further into expansion in April. ANZ consumer confidence rose but remained in pessimistic territory last week, while inflation expectations dropped but remained elevated. Offshore, Chinese GDP growth accelerated more than expected in Q1, but retail sales fell in March. Urban fixed asset investment rose faster than expected in March, though Chinese steel output was significantly lower than a year ago.

Download PDF