
At 02:30 (GMT+2) in Australia, December data on retail sales will be published – a key indicator of consumer spending, which has a significant impact on the country’s gross domestic product (GDP). The indicator records the monthly volume of all goods retailers sold, based on samples of stores of different types and sizes. A correction in the value is expected from 2.0% to −1.9% MoM, putting pressure on the Australian currency.

