Published on Monday, April 23, 2012
Daily Flash | Asia | 24 April 2012: Australia’s lower-than-expected Q1 inflation supports another rate cut; A disappointment in Indonesia as Standard and Poor´s passes on an upgrade
Summary
As ongoing worries about Europe’s growth outlook continue to weigh on market sentiment in Asia, a much lower inflation outturn released today in Australia is adding to expectations of a rate cut.
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BBVA Research
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