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Australian data - June Retail Sales -0.8% m/m (expected 0%)
Australian June Retail Sales -0.8% m/m, very soft indeed and well below expectationsexpected 0%, prior +0.7%The Reserve Bank of Australia policy meeting is coming up on Tuesday, 1 August this sign of consumer weakness will be a strong factor for no rate hike. While the employment market is strong, inflation data for Q2 showed signs of some steam continuing to come out. This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Jul 28 2023, 01:30
Author Name: forexlive
Views: 080828