Australian Retail Sales Improved in June

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The preliminary retail turnover in June grew 2.4% in Australia, the earliest look at vital consumer spending data in the economy. While it doesn’t seem much, the Australian Bureau of Statistics (ABS) shows that the turnover rose 8.2% when compared to June 2019 –something that triggered investors’ interest as the economic shock created by the COVID-19 pandemic affected the economy only since this March. 
The Australian Dollar (AUD) is one of the best performers in…

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