Aussie low on China worries, European inflation eases
NAB Morning Call
00:00
The Aussie Dollar's Recent Decline Below 65 Cents
The latest decline in the Aussie too, as you say, below 65 cents, 64.58 is the low we've got so far. I think you can lay the blame for that pretty squarely on yesterday's latest PMI numbers from China and what's going on with the Chinese currency. So if you put those together and do a read across for GDP, it actually suggests that Q2 GDP could still be a quite a decent number somewhere between one and a half and 2% on the quarter envy of the world.
Transcript
Play full episode
