{"id":10834,"date":"2024-05-28T07:16:00","date_gmt":"2024-05-28T06:16:00","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=10834"},"modified":"2025-02-09T00:28:33","modified_gmt":"2025-02-09T00:28:33","slug":"ecb-interest-rates-and-australian-retail-sales","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/ecb-interest-rates-and-australian-retail-sales\/","title":{"rendered":"ECB Interest Rates and Australian Retail Sales"},"content":{"rendered":"\n

ECB Interest Rates and Australian Retail Sales<\/p>\n\n\n\n

\"ecb<\/figure>\n\n\n\n
\n
<\/div>\n\n\n\n
\n

ECB Interest Rates and Australian Retail Sales<\/h1>\n\n\n\n

Friday s rumpers readines:<\/p>\n\n\n\n

On Friday, the USD Durable Goods Orders for April were released at 0.7%, next to the forecasted -0.8% and this, compared to the previous 0.8%, was a giant leap. The turnaround toward the positive would indicate some kind of a recovery in orders from manufacturers and, thus, a bit of resilience in the U.S. economy.<\/p>\n\n\n\n

Monday’s ECB View:<\/p>\n\n\n\n

With the UK on a bank holiday, trading was relatively quiet.<\/p>\n\n\n\n

However, CB Chief Economist Phillip Lane made waves, suggesting that keeping interest rates too high for too long could push inflation below target. – hence giving backing for rate cuts to stabilize inflation – signalling possible future easing by the ECB.<\/p>\n\n\n\n

Australian Data Tuesday:<\/p>\n\n\n\n

More increased risk appetite is helping the Australian Dollar inch higher. Retail Sales in Australia during the month of April expanded by 0.1%, which is a bit lower than the anticipated 0.2%, but way better than the previous month’s -0.4%. This rather small gain reflected a sort of a comeback in consumer spending.<\/p>\n<\/div>\n\n\n\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

ECB Interest Rates and Australian Retail Sales ECB Interest Rates and Australian Retail Sales Friday s rumpers readines: On Friday, the USD Durable Goods Orders for April were released at 0.7%, next to the forecasted -0.8% and this, compared to the previous 0.8%, was a giant leap. The turnaround toward the positive would indicate some […]<\/p>\n","protected":false},"author":244711593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50518632,50518633,50518629,50518638,50518636,50518639,50518628,50518619,50518602,50518635,50518631,50518634,50518630,50518637,50518627],"class_list":["post-10834","post","type-post","status-publish","format-standard","hentry","category-market-insight","tag-aussieretail","tag-consumerspending","tag-ecbnews","tag-economicgrowth","tag-economicindicators","tag-economyupdates","tag-econrecovery","tag-financenews","tag-forexnews","tag-globaleconomy","tag-inflationcontrol","tag-markettrends","tag-ratecuts","tag-tradingupdate","tag-usdurablegoods"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-2OK","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/10834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=10834"}],"version-history":[{"count":4,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/10834\/revisions"}],"predecessor-version":[{"id":28419,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/10834\/revisions\/28419"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=10834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=10834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=10834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}