Daily-Wrap

Macro Update:According to data released by the Australian Bureau of Statistics, final demand (excluding exports) rose 0.4% in the March quarter and 3.0% over the year. Manufacturing output increased 2.1%, while building construction rose 1.0%. Education and training prices also increased, with higher education …

Macro Update:Australia’sImportprices edged up 0.1% in the March 2026 quarter but declined 0.3% over the past year, according to the Australian Bureau of Statistics. A stronger Australian dollar helped ease costs across a broad range of imports, offsetting price increases in key categories. Petroleum …

Macro Update:According to data released today by the Australian Bureau of Statistics, Australia’s annualInflationrate accelerated in March 2026, with the Consumer Priceindex(CPI) rising 4.6% over the year, up from 3.7% in the 12 months to February, signalling renewed price pressures in parts of the …

Macro Update:Global markets are closely watching a pivotal week forMonetary Policy, with major G7 central banks widely expected to leave interest rates unchanged as policymakers assessInflationrisks linked to the Iran conflict. According to media reports, central banks in the US, Canada, Japan, Britain and …

Macro Update:Geopolitical developments remained in focus as reports indicated Iran had offered to ease pressure on the Strait of Hormuz, signalling a possible de-escalation in disruptions to a critical global energy corridor. According to regional officials cited in media reports, the proposal is linked …

Macro Update:Global oil prices moved higher on Friday as renewed concerns over escalating geopolitical tensions supported crude markets.Brent Crudefutures rose AUD-equivalent USD1.23, or 1.17%, to USUSD106.27 per barrel, reflecting heightened risk premiums amidSupplydisruption concerns. The advance in oil prices added to investor focus on …

Macro Update:Ukrainian President Volodymyr Zelenskyy has warned that a prolonged conflict involving Iran could create indirect risks for Ukraine’s access to critical US-supplied missile defence systems, including Patriot interceptors. He noted Ukraine continues to procure weapons through NATO’s PURL programme, which enables allied funding …