Australian June leading index - economy improving but to remain below trend into 2025 ...Middle East

This data point tends not to be much of an AUD mover upon release. Westpac-Melbourne Institute Leading Indexfor June 2024indicates the likely pace of economic activity relative to trend three to nine months into the futurerose from -0.28% in May to -0.13% in JuneWPAC assessment:Lower commodity prices partially offset by stabilising hours worked. Economic activity improving but to remain below trend in to early 2025 This article was written by Eamonn Sheridan at www.forexlive.com.

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