During the Asian session we expect only one important news, and that's the sales of new cars in Australia. The indicator does not provide estimates, but observing its movement makes it clear that the last two values were about 0.0%, which is a key level for the indicator. In view of the improving economic environment in the country and the good prospects for China, a country from which Australia is directly dependent, the expectations of market participants are to increase sales of new cars. In the long run, economists expect the indicator to stay above zero.
01:30 Australia - Sale of new cars
Previous data: -0.5%
Forecast: - / -
Actual: - / -
Better data than previous ones will positively affect AUD and vice versa, worse data will negatively affect the Australian, but taking into account good prospects for the country, the decline will be limited.
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