Australian exports plunged 11.0% in April with imports down 10.0%, resulting in a smaller than forecast decrease in the trade surplus as compared to March.
<p>ANZ-Roy Morgan Australian Consumer Confidence weekly survey rose to 74.7 from 74.3 the previous week.</p><p>ANZ comment:</p><ul><li>remained weak</li><l
<ul><li>The risk of inflation persists</li><li>Door should always be open to hike if needed</li><li>Dramatic turnaround in economy needed for rate cuts</li>&l
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