Westpac Melbourne Institute Leading Index for MArch is due today
- at 0030 GMT
- prior -0.43% m/m
A snippet from WPAC on what to expect:
- poised for a sharp fall
- will incorporate several extremely weak component updates, including: a plunge in the ASX200, weak consumer confidence, and higher unemployment expectations.
- Some support will come from robust commodity prices and dwelling approvals, and the wider yield spread.
