I told everyone a couple weeks ago a/u was going to .8400. I said t again on Monday! Then I told you it was going to selloff after GDP news no matter what! BAM...Right Again!
Australian National Accounts: National Income, Expenditure and Product
In trend terms, GDP increased 0.5% in the September quarter 2014. Gross value added per hour worked in the market sector rose 0.2% and the Terms of trade fell 3.0%. In seasonally adjusted terms, GDP increased by 0.3% in the September quarter. The Terms of trade decreased 3.5%, and Real gross domestic income decreased 0.4%. EXPENDITURE ON GDP In seasonally adjusted terms, the main contributors to the increase in expenditure on GDP were Net exports (0.8 percentage points) and Final consumption expenditure (0.4 percentage points) The main detractors were Private gross fixed capital formation (-0.5 percentage points) and ... (full story)