Markets

Turnbull says Australian economy is strong and the outlook good

Australian PM Turnbull holds a media briefing 13 July 2016

  • priority is budget, economic measures
  • have no reason to doubt budget revenue forecasts
  • plans to announce his new govt early next week

Newly returned PM now has to convince markets and voters that he has the ammunition to do the job.

  • plans a very strong working relationship with UK

Meanwhile AUDUSD 0.7599 near session lows after a steady AUDJPY led retreat.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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