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Australia: Westpac leading index signals softer but improving growth as RBA holds firm

The improved but still below-trend reading gives the Reserve Bank some room to hold at its September meeting without abandoning its tightening bias, consistent with Westpac's own call for a very hawkish hold ahead of a further rate rise later this year. For AUD, the report's signal cuts both ways: f

Why it matters

AUD/USD (Australian Dollar / US Dollar) · Why linked: RBA政策立場與澳洲經濟數據直接影響澳元匯率 Market context: 中性偏空,因RBA偏鷹但經濟動能仍低於趨勢,限制澳元上行空間

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