Australian GDP data are due at 03:30 (GMT+2). The indicator is expected to grow in quarterly terms to 0.7% in Q2 from 1.0% in the previous quarter. YoY the indicator is likely to drop to 2.8% in Q2 from 3.1% a month earlier. The indicator shows the value of all goods and services produced in Australia. It describes the growth/decline rates of the economy. High values strengthen AUD. Low values weaken AUD.