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NAB Business Confidence Index bounces to -46 in April, AUD/USD remains heavy

National Australia Bank’s (NAB) index of business conditions slumped to -34 points in April vs. -21 last.

The survey’s volatile measure of business confidence bounced to -46 in April vs -66 seen in March. The gauge jumped off the lowest in the history of the series.

 

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China Consumer Price Index (YoY) below expectations (3.7%) in April: Actual (3.3%)

China Consumer Price Index (YoY) below expectations (3.7%) in April: Actual (3.3%)
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CHINA APRIL CPI +3.3% YoY (REUTERS POLL +3.7% )

China April Producer Price Index inflation (market f/c -2.5%) and Consumer Price Index were both expected to soften, with producer prices slipping fur
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