Wednesday , 12 February 2025
Home Forex Australian retail sales, November 2024: +0.8% m/m (vs. expected +1.0%, prior +0.6%)
Forex

Australian retail sales, November 2024: +0.8% m/m (vs. expected +1.0%, prior +0.6%)

Australian retail sales November 2024

+0.8% m/m and +3.0% y/y

AUD/USD is dribbling a little lower. The miss on estimates is being viewed in light of steep discoutning during the sales period, and yet still it’s a miss. RBA rate cut proponents grabbing hold of this data.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP

The budget is just out.US House budget aims to raise debt ceiling...

BOE’s Greene: Disinflationary process is broadly on track

Evidence suggests to me that this weakness is more a question of...

NASDAQ rebounds, eyes hourly MA resistance

U.S. stocks opened lower but have since pared some of their losses...

Euro rebounds as the CPI move runs out of gas

The US dollar jumped following the hot CPI report but the move...