The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, ticked up to 0.12% in July from 0.01% in June.
Notes from analysts at WPAC:
AUD/USD is little changed circa 0.6494.
This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about australian leading index remains subdued slow motion recovery continues to underwhelm was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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