Australian Treasurer Chalmers: Expect a sharp slowdown for the Australian economy

Australian Treasurer Jim Chalmers said on Wednesday, “expect a sharp slowdown for the Australian economy.”

Additional quotes

“The global economy in a dangerous road.”

“No decision yet made on the next RBA Governor.”

Market reaction

At the time of writing, AUD/USD is holding gains near 0.6720, adding 0.47% so far.