Australia will on Monday release March figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. In February, approvals were up 29.7 percent on year and 10.8 percent on month.
Australia also will see April results for the inflation gauge from the Melbourne Institute and job advertisements from ANZ; in March, they were up 1.3 percent on month and down 3.1 percent on month, respectively.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.