Australia - Westpac Leading Index for March -0.84% m/m (prior -0.39%)

Australia data, more to come at 0130 with the retail sales flash release for March.

Westpac Leading Index for March -0.84% m/m to 96.35

  • prior -0.39% (revised from -0.43%) 97.17

Components:

  • ASX200 down
  • Westpac-MI Consumer Expectations Index down
  • US industrial production down
  • Westpac-MI Unemployment Expectations Index (this fell, which is a positive contribution to the leading index)
  • commodity prices down
  • dwelling approvals up
  • yield spread up
  • Hours worked down

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Background on this here:

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And for the retail sales data yet to come:

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