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Trading news
4 Apr 2013

Australia Feb Retail Sales s.a. (MoM): 1.3%

Apr 4, 2013

Australian retail sales strongest in more than 3 years

A surprise came through retail sales, up +1.3% vs +0.3% expected, which is pushing the Aussie near 1.05 vs the US Dollar, with the data dashing even further any possibility for more rate cuts by the RBA down the road.
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