Economists look for near-flat Australia 2Q GDP at 0130 GMT
Market talk ahead of Australia’s 2Q GDP release at 0130 GMT has economists expecting about 0.3% quarterly growth and 1.8% annual growth. The data is seen as unlikely to derail further rate-hike pricing.
Australia's tepid economic performance is likely to be confirmed in 2Q GDP data at 0130 GMT.
Economists expect something close 0.3% quarterly growth with the annual rate coming in at 1.8%.
Kristina Clifton, economist at CBA says money markets are likely to continue pricing further interest rate inc…