It is by no means a big week for Australian economic data. With that said, if we’re to see notable weakness in the home lending or business activity indicators, then that could excite AUD bears who will take any scrap of data to price in a rate cut. But unless that happens, these data sets are likely to be on the back burner. 20240405aussieweekahead Tension in the Middle East are rising once more, with rising concerns that the conflict could spread. That saw US indices extend their losses from record highs, and the S&P 500 form a bearish engulfing week during its worst week since October. And that means traders need ... (full story)