Australia’s Westpac Leading Index growth rate slipped into negative territory in August, falling from 0.11% to -0.16%. It marks the first below-trend reading since September 2024 and a sharp moderation from February’s peak of 0.86%. Westpac noted the weakness is “not overly concerning” but highlights a “clear softening” from earlier in the year, consistent with […]The post Australia leading index turns below trend, but RBA to wait until November to cut again appeared first on Action Forex.