Australia Westpac leading index dropped from 1.09% to 0.58% in May, still indicating above trend growth for 2022. Westpac said, “the components of the Index are indicating an important emerging theme around Australia’s growth prospects – a significant shock to consumer confidence.” On RBA policy, Westpac expects the central bank to hike a further 50bps […]

The post Australia Westpac leading index dropped to 0.58 in May appeared first on Action Forex.