Private Sector Credit (AUD) – 30/12

What is it? It checks the change in the total value of new credit issued to consumers and businesses.

Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money.

When? December 30th at 7:30am Eastern Time.

 

Trading Tip: If the number is higher than the forecast, you can expect the AUD to rise.

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