Australian Q4 GDP

Written March 2, 2010 at 7:35 PM EST by  

The Aussie Q4 GDP came in better year over year and as expected quarter over quarter, however much better than the Q3 readings. The AUD initially gained a bid on the release, but has since subsided to pre-release levels in the middle of the 90 cent handle against the USD. The details of the release are as follows:

GDP (QoQ) – Survey:0.9%   Actual:0.9%   Prior:0.2%

GDP (YoY) – Survey:2.4%   Actual:2.7%   Prior:0.5%

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