The Traderszone Network

Published in TZ Latest News 3 September, 2017 by The TZ Newswire Staff

Australia data – Q2 Inventories: -0.4% q/q (expected 0.3%)

The inventory number is a direct input to the GDP figure (due September 6; I posted an early last week)
bank preview here
Inventories -0.4% q/q for a huge miss and not a good sign for Q2 GDP (it’ll be lower than it would have been had inventories met expectations)