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A shot in the arm for China boosts the Aussie and commodities

NAB Morning Call

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Introduction

The Aussie dollar pushing quite a bit higher today. China is talking about a stimulus at long last. Germany meanwhile isn't looking too happy. The German iPhone number came in lower than expected and the IMF still thinks the economy is gonna shrink this year. Consumer confidence is moving up and earnings well. Two big results out just now. We'll tell you about those. It's Wednesday the 26th of July 2023. It's the morning call from now.

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