Highlights: 
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Equity and commodity markets continued to recover off their mid-February lows helped by reasonable economic data, supportive central banks and improved sentiment:
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Oil prices continued to move higher, up another 13% in March
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China economic data was, on balance, a little better
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US economic data continued to improve
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The European Central Bank surprised investors with the size of the additional stimulus measures that it announced in early March to try to combat disinflation
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Australian business conditions outside the mining sector continue to improve
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RBA retains cash rate at 2.0%