Australia’s Retail Sales printed better than expected, adding 0.9% in August to register the first gains in three months. Economists were forecasting a 0.5% result. July’s outcome was revised a bit higher to -0.9% from the -1.0% that was originally reported. Department store sales led the metric higher, adding 2.4%. The Australian Dollar jumped higher as the data crossed the wires, adding 27 pips in the 15 minutes following the release.
