Australian data, Q1 inventories 0.7% q/q (expected 0.0%)

We have had a bit of a forexlive outage - back again!

The inventory number will feed into GDP, that data point is coming up on Wednesday.

Company operating profit for Q1, 1.7% q/q

• expected 2.8% q/q, prior was 0.8%

Company inventories for Q1 (sa) 0.7% q/q

• expected 0.0% q/q change, prior was -0.2%