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Australian consumer confidence remains weak, rising just 0.8% in May to 95.3, and wage growth...

  • Wednesday, May 16, 2012, 3:28 AM ET
    Australian consumer confidence remains weak, rising just 0.8% in May to 95.3, and wage growth slowed. The data further supports bets that the central bank will cut rates next month. S&P/ASX 200 closed -2.4%.
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