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At 03:30 (GMT+2), Australia will release gross domestic product (GDP) data for Q1 — the primary indicator reflecting the state of the national economy, encompassing domestic consumption, investment, government spending, and exports. A correction is likely from 0.8% to 0.5% QoQ and from 2.6% to 2.7% YoY, which may put pressure on the position of the national currency.
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