US Treasury Secretary Bessent remains confident in market resilience, emphasizing tax policies, deregulation, and reduced government spending.
AUD/USD rose to 0.6325, supported by China’s economic measures and a weaker US Dollar; key data expected.
Shenzhen raises housing provident fund loan limits, benefiting first-time buyers and families with multiple children.
China boosts consumption by raising incomes, stabilising markets, and encouraging births to counter deflation, impacting AUD/USD.
New Zealand’s services sector contracted in February, with the PSI falling to 49.1 from January’s 50.4.
Shenzhen eases housing finance rules, raising loan limits to boost property sales and address the housing surplus.
Uncertainty surpasses pandemic levels; US policy adds to concerns. Consumption stagnates despite better conditions. EU defense spending may aid growth.
Cyclone impacts GDP, inflation rises, building costs increase, crop damage affects food prices, businesses lose work hours.
US meat export licences to China may expire, risking billions in trade amid ongoing tensions and unresolved renewals.
China unveils a 30-point plan to boost consumption, raise wages, support employment, and stabilise financial markets.
Insights 
VT 
