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Economic calendar in Asia 29 June 2023 - New Zealand and Australian data

Retail sales data from Australia is the focus, given the Reserve Bank of Australia policy meeting is just around the corner (July 4). Steadily rising rates from the Bank are weighing on consumption. The median expectation is for a sliver of a gain m/m only. A number lower than this will bring more pressure to bear on AUD, which slipped yesterday on better inflation numbers trimming the chance of an RBA rate cut next week even further. Although, not everyone is on board with this:ANZ still expect... Read More

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Content Topics

Economic

Calendar

Asia

June

2023

Zealand

Australian

Data

Forex

Posted: Jun 28 2023, 20:07

Author Name: forexlive

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