Australian main index stays subdued: ‘Sluggish movement’ restoration continues to underwhelm

Want create site? Find Free WordPress Themes and plugins.


The six-month annualised development fee within the Westpac-Melbourne Institute Main Index, which signifies the seemingly tempo of financial exercise relative to pattern three to 9 months into the longer term, ticked as much as zero.12% in July from zero.01% in June.

Notes from analysts at WPAC:

  • Main Index development fee ticks as much as zero.12% in July.
  • ‘Sluggish movement’ restoration continues to underwhelm.
  • Important headwind coming from commodity value falls and better AUD.
  • Softer tone from labour market however different parts missing course.

AUD/USD is little modified circa zero.6494.

This text was written by Aaron Cutchburt at investinglive.com.

Did you find apk for android? You can find new Free Android Games and apps.
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *