AUD would be active on this week full of data releasing season. Following are the significant economic data announcement in this week.
- Q1 Capital Expenditure: Since the Q1 capex report on Thursday will be the focal point for markets.
- Trade deficit likely to widen in Q1: Australia's trade deficit is expected to be widened in the March quarter to a deficit of $3.7 bn, $1.0 bn deterioration on the prior quarter.
- Import bills increased by 3.0%, while annual import volume growth turned positive in Q1, lifting to 1.4%.
- Marginal growth in net export: Australia's net exports have been negligible numbers, exceeding marginally 0.1ppts to growth in Q1, a 1.9% rise in exports earnings.
Forecast for Q1 GDP to remain at around 0.6%.
Key events for tomorrow:
- Westpac Leading Economic Index MoM (GMT 0:30)
- Construction assignments completion QoQ (GMT01:30)


Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook
Smartphones are helping filmmakers tell the stories the movie industry overlooks
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
Trump has made more than $1 billion from crypto in a year. How?
Vietnam’s population hit the 100 million milestone. Where’s it headed?
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 



