According to the lastest release the trend estimate for inventories fell -0.1% in the June quarter 2016. The seasonally adjusted estimate rose 0.3% this quarter.The trend estimate for Manufacturing sales of goods and services fell 0.6% this quarter. The seasonally adjusted estimate rose 0.2% this quarter.
The trend estimate for Wholesale trade sales of goods and services rose 1.6% this quarter. The seasonally adjusted estimate fell 0.1%.The seasonally adjusted estimate for company gross operating profits rose 6.9% in the June quarter 2016. The seasonally adjusted estimate for wages and salaries rose 0.8% in the June quarter 2016.
Aussie is currently being traded around 0.7580 area. Pair is likely to find support around 0.7550 and resistance above 0.76 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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