Australian data – June Private Sector Credit +0.2% m/m (expected 0.4%, prior 0.4%)
<p>Data comes from the Reserve Bank of Australia:</p><p>The headline missed estimates and came in below May. The break up is not impressive either, declines for housing and business credit. RBA rate hike cycle impacting. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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