Business
ASX to open higher as JobKeeper ends – The Australian Financial Review
Australian shares are set to rise as markets lifted before a shortened Easter week and investors looked to the end of pandemic unemployment benefits.
Analysts at TD Securities see an easing in Australias trade surplus.
We pencil in a trade surplus of $9.3 billion in February, easing from the strong $10.1 billion trade surplus recorded in January, they write in a note.
Exports are likely to rise by 1% m/m, driven by stronger exports of non-ferrous metals and petroleum products as seen in the prelim trade numbers. Similarly, we expect imports to rebound to 4 per cent m/m given higher consumer goods demand as the economy recovers.
US consumer spending…
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