GuideWhat is this news
This is an important data release for the AUD economy, released by Bureau of Statistics. Released by Bureau of Statistics. This comes every month.
How important it is
Traders watch whether the economy is running faster or slower than expected, because this can change interest rate expectations. This is a High impact event on FxGram: AUD pairs often see sharp moves at this time.
What this data does
Generally, if the data comes in better than forecast, it is seen as a sign of economic strength; if weaker, the opposite.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
Data: Bureau of Statistics, via TradingView economic calendar.