Australia Private Sector Credit

+0.3% m/m ... a miss

• expected +0.4%, prior was +0.3%

+4.9% % y/y ... miss

• expected +5.0%, prior was +4.8%

A miss on the headline, and details on credit to business not to nice either ... business credit down on the month and reading slower growth on the y/y

AUD little changed ... and ps:

• Westpac updates their AUD/USD forecasts - now expect to 0.74 by year's end (prior 0.72)

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And, don't forget ... likely to impact the AUD, due at 0100 GMT ....

• China PMI data (official, February) is due today - preview