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MNI China Daily Summary: Friday, September 15

MNI BRIEF: Economy To Continue Recovery - NBS Spokesperson

MNI BRIEF: BOJ Tankan To Show Better Sentiment, Price Views

August Home Sales Continue Decline After BOC Resumed Rate Hikes

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

MNI BRIEF: Highlights From BOC Governor Macklem Speech

MNI BRIEF: Finance Minister Calls BOC Pause 'Welcome Relief'

VIEW: In the wake of today's labour.......>

AUSTRALIA
AUSTRALIA: VIEW: In the wake of today's labour market report NAB notes that "the
March survey period references 1 to 14 March, prior to the introduction of
lockdown measures in late March. As such, these figures are likely to
deteriorate sharply in April where we expect a large rise in unemployment, which
we forecast to reach 11.75% by mid year. Widespread reports of workers being
stood down and hours being cut as businesses grapple with a sharp pullback in
demand for their goods and services should result in a collapse in hours worked
and a sharp rise in underemployment. We also expect labour force participation
to fall in coming months as workers are prevented or discouraged from looking
for work amid the coronavirus pandemic."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MarketsFixed Income NewsForeign Exchange News
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MarketsFixed Income NewsForeign Exchange News

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