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ONLY CHARTS #103
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Only Charts

ONLY CHARTS #103

Aus NAB survey, Aus resi vacancy rates, NZ mortgage rates, US & Canada labour markets

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Antipodean Macro
Jun 11, 2024
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ONLY CHARTS #103
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1. Australian businesses again reported weak forward orders in May despite a slight improvement. This sub-component of the NAB business survey correlates most strongly with growth in domestic final demand.

Firms also reported a further deterioration in profitability.

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