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Australian Households Played a Classic Spread Trade in December
Aussies were seemingly focussed on feeling good over being good in December, with a 29.4% m/m rise in alcoholic beverages and tobacco spending compared with -11.6% on heath. It’s a classic Christmas spread trade. But overall household spending is slowing, rising only 2.2% m/m compared with 7% in November – likely due to big purchases […] The post Australian Households Played a Classic Spread Trade in December appeared first on Action Forex...
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Posted: Feb 14 2023, 03:31
Author Name: actionforex
Views: 110584