China slows more, could the RBA minutes give the Aussie another hit?
NAB Morning Call
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Introduction
World China's economy is slowing. The latest GDP numbers confirm that and they'll struggle to reach their 5% growth target this year. Something else that could keep the Aussie dollar lower today is the RBA minutes. And CPI for Canada today. It's Tuesday the 18th of July 2023. It's the morning call from NAB. Good morning. Bond yields are falling again today, but not by much. Just small moves, but they are heading down a small fall in the US dollar as well. No big currency moves really, though. The euro is up 0.1%. The Aussie, one of the bigger moves, is actually down a quarter percent at 68.
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