Market WATCh Weekly 26 March 2021

Market WATCh Weekly 26 March 2021

March 26, 2021

The Markit flash PMI report for Australia indicated economic activity growth accelerated in March and that input costs rose at the fastest pace on record (since 2016). The Australian unadjusted merchandise trade surplus remained above A$8b for the third consecutive month in February. Abroad, the flash PMI reports pointed to an expansion in all the major economies, with the exception of Japan, and also indicated a rapid rise in input costs. US initial jobless claims fell to the lowest levels in a year.

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