Retail Sales. Australia, 03:30 (GMT+2)

Australian Retail Sales data for April are due at 03:30 (GMT+2). The indicator measures the volume of all goods sold by retailers, based on a sample of stores of different types and sizes. It is the primary indicator of consumer spending, which influences the GDP. It is expected that on a monthly basis, the indicator will decrease from 1.6% to 0.9%, which may negatively affect the dynamics of the Australian dollar.

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