Investment lending for the month -15.6 m/m (prior -4.2%)
Home loan commitments fell very sharply in May. Given what the globe was experinceing its no surprise.
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Australian home loans data for May : -10.2% m/m (prior -5.0%)
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- The USD is little changed to start the day. The USDJPY remains volatile but in a range
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