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Australian data: Q2 GDP +0.4% q/q (vs. expected +0.3%)

Economic growth data from Australia in the April to June quarter of 2023.+0.4% q/qexpected +0.3%, prior +0.2%+2.1% y/yexpected 1.8%, prior 2.3%The Chain Price Index inflation indicator is at -2.2% for the quarter. A better-than-expected result for the growth data ended June 30. Its not all good news though, labour productivity fell in the Q. AUD/USD down a few tics. As is NZD, GBP, EUR, CAD ... so a bit of a USD move really. USD/CNH is where the action is ... This article was wr... Read More

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Posted: Sep 6 2023, 01:30

Author Name: forexlive

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