Australia Private Sector Credit & Housing Credit

Private Sector Credit in May rose 0.5% m/m, seasonally adjusted – expectation 0.3% rise

Housing Credit rose 0.7% m/m, seasonally adjusted.

Maybe a slight surprise – I don’t expect any reaction of note especially in the light of the bigger picture.

AUD/USD trades 0.8494/6 (14 pips higher) AUD/JPY 75.15/17