Economic and event calendar in Asia 29 April 2026 - Triple ugly Australian inflation data

Australian inflation data for March and Q1 due 29 April 2026 are expected to be significantly strong (‘triple ugly’), with the trimmed-mean (core) for Q1 forecast at 0.9% q/q and 3.5% y/y. The story says the prints are likely to cement market expectations of a Reserve Bank of Australia rate hike at the 5 May meeting, which would support the Australian dollar and drive volatility in AUD/USD. Traders should watch the releases closely for upside surprises that could trigger an AUDUSD rally and repricing of RBA policy odds.