Market wrap: ASX falls in May 28, 2024 trading day | news.com.au — Australia's leading news site news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.com.au Daily Mail and Mail on Sunday newspapers.
According to data released by Australian Bureau of Statistics (ABS) on Tuesday, the retail sales rose 0.1% in April from March, when they fell 0.4%, though the market prediction was a rise of 0.2%.
Swiss Franc is having a significant surge today, likely due to flight to safe-haven assets amid rising tensions in the Middle East. Reports have emerged that Israeli military tanks were seen in central Rafah for the first time since the Israel Defense Forces entered the city earlier this month. This movement follows a recent missile strike by Israel on a displacement camp near Rafah, contributing to the heightened geopolitical uncertainty.
Australian retail turnover increased by 0.1 per cent in April 2024, following a 0.4 per cent decline in March 2024, as per CBS.
Clothing, footwear, and personal accessory.