Australia's Nationals Leader says coalition can no longer continue
The statement by Australia's Nationals Leader indicates a potential shift in the political landscape, suggesting instability within the ruling coalition.
New Zealand Electronic Retail Card Spending MoM (Dec) M/M -0.1% (Prev. 1.2%)
New Zealand Visitor Arrivals YoY (Nov) Y/Y 8.20% (Prev. 9.40%, Rev. From 9.4%)
Australia's Nationals Leader says coalition can no longer continue
US Private Inventory Data (bbls): Crude +3.0mln (exp. +1.8mln), Distillate -0.03mln (exp. -0.2mln), Gasoline +6.2mln (exp. +2.5mln), Cushing +1.2mln
Private Crude Inventories Expectations: Crude (exp. +1.8mln), Distillate (exp. -0.2mln), Gasoline (exp. +2.5mln)
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This could impact investor sentiment and lead to volatility in the Australian dollar and related assets as markets react to the implications of a change in governance or policy direction.
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