Analysts at ANZ are expecting a soft result for Australian Q4 GDP of 0.2% q/q, and suggests that it is disappointing and could force the RBA to downgrade its outlook again in the May report. Key Quotes “We will also certainly be revising 2019 GDP lower, with implications for our call on the RBA. We will finalise our Q4 GDP print once we see the rest of the partials on Monday and Tuesday.” “In a recent report we noted that sharp slowdowns in GDP growth are not unusual in Australia. And not all slowdowns support a monetary policy response.” “We think the key is what happens to unemployment. Despite the slowdown in growth, the leading indicators do not point to a sharp jump in the unemployment rate over the first half of this year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Venezuela’s oil exports tank 40 percent after US sanctions FX Street 4 years Analysts at ANZ are expecting a soft result for Australian Q4 GDP of 0.2% q/q, and suggests that it is disappointing and could force the RBA to downgrade its outlook again in the May report. Key Quotes "We will also certainly be revising 2019 GDP lower, with implications for our call on the RBA. We will finalise our Q4 GDP print once we see the rest of the partials on Monday and Tuesday." "In a recent report we noted that sharp slowdowns in GDP growth are not unusual in Australia. And not all slowdowns support a monetary policy response." "We… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
