Company Gross Operating Profits q/q (AUD) comes in at 1.8% against -2.7% consensus
| Pair | Now | Since publish |
|---|---|---|
| AUDUSD | — | — |
Australian Company Gross Operating Profits q/q for the latest period came in at 1.8%. This figure significantly surpassed the consensus estimate of -2.7%, representing a 166.7% surprise. The previous quarter’s reading was -1.3%.
The Australian dollar experienced mixed reactions in the 15 minutes following the release. AUDCAD gained 2.4 pips, AUDCHF rose 2.7 pips, and AUDJPY increased by 4.7 pips. AUDUSD also saw a gain of 5.1 pips. Conversely, AUDNZD declined by 5.9 pips, EURAUD fell 6.0 pips, and GBPAUD dropped 7.1 pips. These measured movements are generally smaller than the median 1-hour moves observed after past releases. For instance, AUDUSD’s 5.1 pip gain is less than its median 1-hour move of 8 pips, and GBPAUD’s 7.1 pip drop is less than its median 1-hour move of 15 pips.