Australian Retail Sales rose 0.2% in June 2016. This follows a rise of 0.2% in May 2016 and a rise of 0.2% in April 2016. The seasonally adjusted estimate rose 0.1% in June 2016. This follows a rise of 0.2% in May 2016 and a rise of 0.1% in April 2016. In trend terms, Australian turnover rose 3.1% in June 2016 compared with June 2015.
The following industries rose in trend terms in June 2016: Other retailing (0.5%), Cafes, restaurants and takeaway food services (0.4%), Clothing, footwear and personal accessory retailing (0.5%) and Department stores (0.1%). Food retailing (0.0%) and Household goods retailing (0.0%) were relatively unchanged in trend terms in June 2016.
Aussie is currently being traded around 0.76 handle. Pair is likely to find support around 0.7570 area and resistance above 0.7650 handle.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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