I posted a couple of quickie previews a little earlier
Here: AUD traders - Australia data due today - preview of retail sales
More now, this time via Westpac:
- Retail sales posted a slightly better than expected result for October with a 0.5% gain and previous months revised up slightly. Despite this, sales still show a significant slowing with annual growth falling to 1.8%yr from 3.7% in June.
- Consumer sentiment recovered somewhat through Q4 with pressures on family finances easing. Risk aversion remained elevated though with Christmas spending plans also subdued. Private sector business surveys suggest the modest improvement in retail in October carried into November. We expect a 0.3% gain.