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Investing.com-- The Reserve Bank of Australia had considered raising interest rates in June in the face of stickier-than-expected inflation, the minutes of the June meeting showed on Tuesday, with the...
Investing.com-- Australian consumer price index inflation grew more than expected in May amid heady housing and food costs, with the data brewing more concerns that the Reserve Bank of Australia will...
Investing.com-- Australia’s job market grew more than expected in May, shrugging off recent signs of cooling as strong labor demand and relatively limited supply of skilled workers also saw the...
Investing.com-- Australia’s trade balance grew more than expected in April, as a drop in key commodity exports was offset by an even bigger decline in imports as local demand soured. Trade balance...
UBS analysts adjusted their forecast for Australia's real GDP growth in the first quarter of 2024, now expecting a slight increase of 0.1% quarter-over-quarter, down from the previously estimated...
Investing.com-- Australia’s economy grew less than expected in the first quarter, gross domestic product data showed on Wednesday, as weak consumption and softer contribution from exports weighed on...
Investing.com-- Australian consumer price index inflation grew more than expected in April, fueling renewed concerns that the Reserve Bank wil have to keep interest rates high to bring down price...
Bank of America (BofA) released a report forecasting that Commodity Trading Advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in significant amounts this week. The...
Investing.com-- Australia retail sales grew at a slower-than-expected pace in April as consumer spending remained under pressure from sticky inflation and concerns over high for longer interest...
Bank of America reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came in response to...
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