Australian Retail Sales Jump in May, Fanning RBA Hike Expectations

Australian retail sales growth was twice as strong as strong as expected by economists in May, adding fuel to arguments that the Reserve Bank of Australia could raise interest rates as early as August.

WSJ22:02 ET

Discounts, Sales Events Boost Australian Retail Sales in May

Australia's retail sales in May were boosted by shoppers taking advantage of early end-of-financial-year promotions and sales events.

MT Newswires21:58 ET

Australia's Business Activity Growth Moderates in June

The Composite Output Index, which combines the manufacturing and services sectors, fell to 50.7 in June from 52.1 in May.

MT Newswires20:02 ET

Australia's Services PMI Posts Further Decline in June

The rate of expansion in Australia's services industry activity eased in June in line with a broad slowing in the economy, with input price inflation falling to its lowest level in 33 months.

WSJ19:30 ET

Juda Bank Australian Services PMI Ticks Higher to 51.2 Versus Previous 51.0

Judo Bank's Australia Purchasing Managers Index (PMI) figures improved slightly in June, with the Services PMI ticking upwards to 51.2 MoM compared to the previous month's 51.0, and flaunting the forecast move lower to 50.6.

FXStreet19:20 ET

Canadian Dollar Rebounds on Tuesday, Extends Choppy Trading Pattern

The Canadian Dollar (CAD) recovered ground on Tuesday after CAD traders shrugged off a slight misfire from Canadian Purchasing Managers Index (PMI) figures. Market sentiment is broadly picking up steam and carrying the Canadian Dollar into recovery mode.

FXStreet13:02 ET