China March new home prices -3.4% y/y (February -3.2%)
Poor data re the property sector from China once again. China’s stats people say: In March 2026, home prices in Tier-1 cities rose m/m, declines in Tier-2 and Tier-3 cities narrowed or…
Poor data re the property sector from China once again. China’s stats people say: In March 2026, home prices in Tier-1 cities rose m/m, declines in Tier-2 and Tier-3 cities narrowed or…
China industrial output beat forecasts in March, but retail sales missed and property investment stayed weak, highlighting a fragile recovery as the Iran war adds to growth risks. Earlier: China Q1 GDP…
Japan’s Katayama said authorities are closely watching FX and in dialogue with the US, warning oil-driven volatility is impacting the yen and economy, keeping intervention risk in focus. Earlier: Japan’s Finance Minister…
As a reminder, Japan had previously release around 50 days’ worth of oil from its reserves already in March. So, this 36 million barrels will roughly equate to another 20 days’ worth…
Australia employment rose 17.9k in March (exp 20k) with unemployment steady at 4.3%, underscoring labour market resilience and giving the RBA room to keep tightening as inflation risks remain elevated. Summary: Australia…
China will issue 15.5bn yuan ($2.3bn) in offshore bonds in Hong Kong on April 22, marking its largest CNH sale since October 2023 and supporting yuan liquidity amid global market volatility. Summary:…
Australian March 2026 jobs data. I’ll have more to come on this separately, details and implications. Preview here: Australian jobs data preview: Labour data to miss Iran impact, slowdown seen later This…
Goldman Sachs’ FICC revenue fell 10% as Iran war-driven volatility hit its rates desk, with losses on positions held during market swings, while rivals posted strong gains from heightened trading activity. Summary:…
The Pentagon is in talks with US automakers and manufacturers to boost weapons production as conflicts in Ukraine and Iran deplete stockpiles, in a push to expand the defence industrial base, WSJ…
US officials warn Iran may take months to yield under a naval blockade, despite Trump saying the war is near an end, with talks stalled and demands on uranium enrichment still far…
Fed’s Beige Book: Overall activity showed slight to modest growth in 8 of 12 districts ECB sources report: Policymakers wary of April rate hike Japan’s Katayama said she spoke with Bessent about…
I posted a preview of the Australian jobs report here: For the Reserve Bank: despite a softening labour outlook, inflation risks tied to the energy shock remain the dominant concern. As a…