Highlights:
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Equity markets rose in April helped by political developments in Europe and solid US corporate earnings reports. -
In the United States, the technology-laden NASDAQ Composite Index rose to all-time highs, boosted by strong earnings results from the major technology companies.
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US consumer and business sentiment surveys fell back from the recent highs reached following Donald Trump’s election win.
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Chinese economic growth in the March quarter was stronger than expected and other activity indicators were also higher than in prior months.
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Australian economic data was relatively good with stronger-than-expected employment growth in March and a rise in inflation.
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