ICYMI we had data from Australia today

ANZ's (in brief) remarks

  • Strong business profits will support Q4 GDP
  • Mining was the key performer
  • Other industries were also solid
  • Inventories to subtract 0.2% on the q/q
  • Wages figures a concern for the GDP

As of 24 February ANZ's forecasts for Q4 GDP was +0.6% q/q and 1.8% y/y (no updates that I've seen yet)


ps ...

Australian Q4 GDP is due 0030GMT on Wednesday 1 March