AUD

Australian April retail sales +0.9% m/m (expected 1%)

AUDUSD trades above and below the 100 hour MA as traders wait for the next shove

• AUDUSD consolidates

Australian Business Conditions and Sentiments points to higher inflation ahead

Australian Q1 capex headline -0.3% q/q (expected +1.5%)

Australian capex data is due today - preview

NZ cash rate 2%, going to nearly 4%. AUD cash rate 0.35%. Say goodbye to AUD/NZD

• Reserve Bank of New Zealand is way ahead of the RBA

Australian Q1 2022 Construction work done -0.9% q/q (vs. expected +1.0%)

Australian weekly consumer confidence rises to 90.8 (still very pessimistic)

Australia preliminary PMIs for May: Manufacturing 55.3 (prior 57.9) Services 53.0 (56.6)

AUDUSD takes a step higher to start the week

• Moves to highest high since May 6

Key Trading Levels for The Week Ahead

• Where are the AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, and GBPUSD headed?

Australia's new PM says the relationship between Australia and China will remain difficult

Australia will replace Russia in hosting the FINA World Swimming Championships in December

AUD/USD and NZD/USD ticking higher still.

S&P on Australia's change of government - no impact on sovereign rating