Australian March retail sales +0.3% m/m (expected +0.4%) ...Middle East

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Australian March retail sales +0.3% m/m (expected +0.4%)

Australian March retail sales

+0.3% m/m, improved from February but not by as much as was expect

    expected +0.4%, prior +0.2%

    0.0% q.q in Q1 2025

    prior +1.0%

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    Data also for PPI, Q1 2025:

    +0.9% q/q

    prior +0.8%

    +3.7% y/y

    prior +3.7% also

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    AUD rose earlier on the China news:

    China says the US has sought to begin trade talks, China says its thinking about it ...A big turn around for US equity index trade - higher on Globex on China comments This article was written by Eamonn Sheridan at www.forexlive.com.

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