• The annualized growth rate of the Westpac Melbourne Institute Leading Index (an indicator of the likely pace of economic activity three to nine months into the future) at +4.2% in February, above its 2.8% long-term trend
  • The annualized growth rate of the Coincident Index, (a measure of current activity) was 3.1%, slightly above its long term trend of 3.0%
  • AUD/USD is barely changed, down a fraction to 1.0372/75
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