Market WATCh Weekly 27 January 2023

Market WATCh Weekly 27 January 2023

January 27, 2023

In Australia, CPI inflation figures for Q4 and December surprised to the upside. NAB business conditions deteriorated markedly in December, while business confidence remained low. Flash Judo Bank PMIs pointed to the ongoing contraction in private sector business activity in January. Abroad, US GDP surprised to the upside in Q4. According to flash PMIs, US and UK private sector remained in contraction in January, while euro area and Japan saw an increase back into expansion territory.

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