Live Breaking News & Updates on Westpac Consumer Sentiment

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Dump 'em! Top broker says sell these 3 ASX retail shares

Goldman Sachs has a sell rating on three popular ASX retail shares amid high interest rates, weak retail sales, and low consumer sentiment. ....

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Aussie and Yen Decline, Loonie Awaits Crucial CPI Data

Australian Dollar weakened broadly during Asian session as its recent rally lost momentum. Despite RBA minutes revealing that a rate hike was considered earlier this month, which should have been supportive for the Aussie, this positive sentiment was countered by weak consumer sentiment readings. Additionally, Aussie seemed to be weighed down by a pullback in regional stock markets, particularly with the retreat in Hong Kong's HSI. ....

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Australian dollar shrugs after RBA minutes

Australian dollar shrugs after RBA minutes
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Australian Dollar Shrugs After RBA Minutes

The Australian dollar edged lower but recovered in the Asian session. AUD/USD is showing little movement in the European session, trading at 0.6660. ....

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CAD Sinks after CPI, NZD Await RBNZ

Canadian Dollar sees a broad decline in early US session due to growing speculation about rate cut by BoC in the near future. April's headline CPI slowed as expected, despite a significant increase in gasoline prices. Core inflation measures also showed more progress in disinflation than anticipated. While it remains uncertain if this progress will be enough to prompt BoC to ease policy at next meeting, speculation is likely to intensify ahead of June 5 meeting. ....

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