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Australian GDP grew by 0.9% in Q3

Wednesday, Dec 02 2015
 Official figures show Australia's economy grew by 0.9% in the September quarter, and by 2.5% in the 12 months to September - a better-than-expected result. Analysts were forecasting 0.9% growth. 
The key drivers of economic growth in the September quarter were net exports, household consumption and housing construction, more than offsetting the expected fall in business investment as we move through this transition period," he said.
 
There are positive signs of a strengthening economy and signs that our economy is heading in the right direction. There are positive signs of a strengthening economy and signs that our economy is heading in the right direction.
 
Aussie is currently being traded around 0.730 area. Pair is likely to find support around 0.7280 handle and resistance above 0.7340 level. Later today, in the US session, ADP job figures are scheduled for a release.
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