Market WATCh Weekly 23 April 2021

Market WATCh Weekly 23 April 2021

April 23, 2021

The RBA minutes saw the central bank maintain its view that it does not expect to raise the cash rate until at least 2024. Aussie retail sales rebounded in March. The Westpac - Melbourne institute leading index continues to signal strong growth ahead and job vacancies saw another sizable increase in March. The Composite PMI rose to another record high in April. The Bank of Canada tapered its bond buying program and brought forward its expectations for an interest rate increase to 2022 from 2023. The ECB kept its monetary policy parameters unchanged this week.

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