Aussie GDP at 2.3% annualised is well below the 2.6% growth expected
Aussie GDP at 2.3% annualised is well below the 2.6% growth expected. AUD/USD through the 91 handle. Market pricing in 20bp if hikes over next 12 months...really..is that going to happen??!!
About this contributor
Chief Market Strategist, IG Markets
Chris joined IG as a sales trader in 2006, having worked previously at Morgan Stanley, Credit Suisse and Merrill Lynch, gaining exposure to both equity and fixed income trading. After accruing 15 years' experience in financial markets, Chris...
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