ANZ Roy Morgan weekly Consumer Sentiment comes in at 112.6
- Its 4 week MA is 112.9 (and falling)
Another soft result for this indicator
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Australia - weekly consumer sentiment: 112.6 (prior 113.4)
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- AUD/USD remains stuck in a range as RBA signals a pause and US-Iran stalemate extends
- US futures keep steadier after the drop yesterday
- Indian Rupee flirts with new record lows as US-Iran stalemate extends, tensions rise
- USD/JPY treads with caution amid fear of incurring another intervention hit
- Oil prices stay elevated amid rising tensions in the Strait of Hormuz, US-Iran stalemate
- Gold's outlook remains neutral-to-bearish amid prolonged US-Iran stalemate and neutral Fed
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