Australian GDP Growth Rate QoQ (Q4) Q/Q 0.8% vs. Exp. 0.6% (Prev. 0.4%, Low. 0.4%, High. 1.0%)

The Australian GDP growth rate for Q4 came in at 0.8%, exceeding expectations of 0.6% and a previous figure of 0.4%.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Acer Gaming Inc. (6908 TT) FY (TWD) rev. rose 28.4% Y/Y to 5.52bln and said it expects revenue to grow each quarter this year with annual sales set to surpass last year’s total

US President Trump's administration is reportedly debating permitting Tencent (700 HK) to keep its gaming investments, according to FT

Australian GDP Growth Rate QoQ (Q4) Q/Q 0.8% vs. Exp. 0.6% (Prev. 0.4%, Low. 0.4%, High. 1.0%)

Bank of Korea Governor Rhee says to hold meeting to review markets, adds to closely monitor for excessive moves in FX and interest rates, will respond if needed on the forex market to prevent herd-like behaviour

US Central Command says they destroyed 17 Iranian ships and no Iranian ships sailing in the Gulf or Strait of Hormuz or Gulf of Oman today

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This strong performance may reinforce a more positive outlook for monetary policy in Australia, possibly influencing the AUD positively against the USD as traders reassess future rate paths in light of this upward surprise.

Related headlines

The whole workspace, free to try.

Try it free