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Australian spending rises, but economic factors and global trade tensions may lead to interest rate cuts.
Australian spending habits are expected to continue rising, with household spending up 0.9% in May and predicted to rise 1% in June.
This trend may influence the Reserve Bank of Australia's decision to cut interest rates in August, as unemployment has risen and inflation has fallen.
New US tariffs and global trade tensions could indirectly affect domestic financial markets, with Wall Street markets experiencing declines due to tariff concerns and a weak jobs report.
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El gasto australiano aumenta, pero los factores económicos y las tensiones comerciales mundiales pueden llevar a recortes de las tasas de interés.