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5 Aug 2013

Australia Retail Sales s.a. (MoM) down to 0% in June from 0.2%

Aug 5, 2013

AUD/USD on non-stoppable fall

AUD/USD was dragged 0.19% on strengthening of the US dollar at start of Monday’s trading session in Asia.
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Aug 5, 2013

Big miss in Australian retail sales, tiny chance of 50bp Aug cut priced in

Australian retail sales for the month of June MoM came at XX vs expectations of +0.4%, and prior of +0.1%. The data follows a fall below 40.00 in the Australian services sector, the first time it happens since the global financial crisis from 2008-2009.
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