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Australian Dollar: Rate-Cut Hopes Derailed By Inflation Data Shock

Surprisingly high Q1 inflation in Australia cast doubts on RBA rate cuts this year, supporting AUD gains and pushing GBP/AUD to three-month lows below 1.91.

ANZ-Roy Morgan Consumer Confidence drops 3 2 points to 80 3 – the lowest so far this year

ANZ-Roy Morgan Consumer Confidence dropped 3.2pts to 80.3 this week to its lowest level so far this year. The index has now spent a record 64 straight weeks below the mark of 85.

Live updates: ASX tipped to open higher, Wall Street has positive session

Live updates: ASX tipped to open higher, Wall Street has positive session
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Australian consumer confidence dips

2024 High Inflation Expectations Stir Consumer Confidence

2024 High Inflation Expectations Stir Consumer Confidence
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