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Australian consumer sentiment sinks to four-year low as rates and living costs bite

FxGain News Newsdesk · · reported by 1 source

Australian consumer sentiment sinks to four-year low as rates and living costs bite

What we know so far

investingLive (Nov 10, 07:07): Together with this morning’s NAB survey, the reading strengthens the case for an RBA pause in December and lowers the odds of a sixth hike. That leaves the Australian dollar with little support from rate expectations, at a time when it is already exposed to swings in AI-linked equities. Front-end Australian bond yields are the most sensitive to any shift…

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