Australian Q2 GDP rises 1.2% against expectations of 1%. The Y/Y pace comes in at 1.4% vs....

|By:, SA News Editor

Australian Q2 GDP rises 1.2% against expectations of 1%. The Y/Y pace comes in at 1.4% vs. expectations of 0.7%. The good news combined with the 2 previous days of sharp losses to send shares (+2.7%) and the aussie (+1.3%) soaring.