3 Jul 2013
Flash: Key for Aug RBA next week’s jobs, Q2 CPI - NAB
FXstreet.com (Barcelona) - Today’s Australian indicators - retail sales and trade balance -, in view of NAB Economist Spiros Papadopoulos, "highlights the softness in retailing and the slow recovery in housing, while the lower AUD is helping export values hold up." With regards to the RBA stance, no view changers from the data today, Papadopoulos says, with "the key for the August RBA meeting next week’s employment report and the Q2 CPI on July 24" the Economist added.