Core Viewpoint - Australia's retail sales growth in May was below expectations, increasing the likelihood of an interest rate cut by the Reserve Bank of Australia [1] Group 1: Retail Sales Data - In May, Australia's retail sales increased by 0.2%, which is an improvement from the previous month where sales were flat, but still below the expected growth of 0.5% [1] - The data indicates a weakening economic momentum, influenced by factors such as easing price pressures, unexpected unemployment rates, and cautious consumer sentiment [1] Group 2: Interest Rate Expectations - The disappointing retail sales figures have led traders to fully price in the expectation of three more interest rate cuts this year, with the first cut potentially occurring as soon as next Tuesday [1]
澳大利亚零售销售低于预期，增加降息可能性