Aussie retail sales unexpectedly fell in April for the first time in ten months, dropping 0.2%...

|By:, SA News Editor

Aussie retail sales unexpectedly fell in April for the first time in ten months, dropping 0.2% to A$21.2B ($20.7B) as consumers remain "stubbornly cautious." Australia's currency, stocks and bond yields all moved lower as bets increased for a central bank rate cut. AUD -0.3% to $0.9798. ASX 200 -0.5%.