Australia – Retail Sales for March: 0.1% m/m (expected 0.4%m/m)

• prior was +0.3%, revised higher from +0.2%
• Slowest m/m in a year
• Also: Retail Sales excluding inflation for Q1 2014 is +1.2% (vs. expected +1.6%, prior +0.9%)

From the Australian Bureau of Statistics:

Trends still look OK

AUD/USd had a bit of dip, lost about 8-odd pips, but barely changed now.

–

We had earlier: AIG Performance of Construction index for April: 45.9 (prior was 46.2)

And, still to come, due at 0145GMT (not long now!): China HSBC/Markit reading for Services PMI for April