Australia August Retail Sales: -0.6% m/m (vs. expected +0.3%)

Consumers of Australia unite — you have nothing to lose but your purse strings!August retail sales comes in at a huge miss, -0.6% m/m expected +0.3% prior was flat, at 0.0% m/m prior revised down to -0.2% m/m AUD getting marked down immediately. Australian Bureau of Statistics on the ‘trend’ results (the above are seasonally adjusted — […]

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