The Australian economy is showing resilience with positive growth in Building Approvals and Retail Sales. Strong demand for construction projects and robust consumer spending are driving economic activity. Expect the Australian dollar to strengthen in the forex market, and the Reserve Bank of Australia may consider tightening monetary policy in response to inflationary pressures. Stay tuned for further economic data and central bank announcements for insights on market trends.
The Australian economy is showing signs of resilience as recent data on Building Approvals and Retai...Subscribe to access the full content