Australia Wage Price Index (QoQ) registered at 0.8%, below expectations (0.9%) in 1Q

May 15, 2024

PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

The People’s Bank of China (PBOC), China's central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Wednesday.

Australian Dollar gains ground due to risk-on mood, US CPI awaited

The Australian Dollar (AUD) remains steady with a positive sentiment despite the lower-than-expected Wage Price Index (Q1) released on Wednesday by the Australian Bureau of Statistics.