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🎈Australia CESI Dips Into Negative For First Time In More Than 2-Yrs: Cable FX Macro

Writer's picture: Rosbel DuránRosbel Durán

**As seen in Macro Walk report 10/14/22, subscribe at cablefxm.co.uk/reports

  • The Australia Citi Economic Surprise Index dipped for the 10th consecutive week, it has been extending into negative prints for the last couple of weeks, last at -34. The 20-day move in the index tracks a 51 point drop, only the Canadian and Swiss equivalents record larger declines in the G10.

  • CESI for Australia has not been this negative in more than two years. Now it stands as third worst ranking in the group



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