Mon Jul 30, 8:30am (GMT +7:00) : AUD : High Impact Expected : Retail Sales m/m

Source Australian Bureau of Statistics (latest release)

Measures Change in the total value of sales at the retail level;

Usual Effect Actual > Forecast = Good for currency;

Frequency Released monthly, about 30 days after the month ends;

Next Release Sep 2, 2008

FF Notes This is the earliest and broadest look at vital consumer spending data;

Why Traders
Care
It's the primary gauge of consumer spending, which accounts for a majority of overall economic activity;

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