AU Q1 2022 GDP Beats Forecasts and Frames Further Gains for AUDNZD

As the release of the final partials yesterday warned, Australian Q1 2022 Australian GDP has beaten expectations, rising by a solid 0.8% QoQ and 3.3% YoY, despite the impact of Omicron and the devastating rains and floods that hit the East Coast. Within the details, Australia’s Terms of Trade rose 5.9%, with export (+9.6%) and […]

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