AUD/USD flows: Q4 GDP Stronger

The Australian Q4 GDP has beaten estimate at 0.8% q/q and 2.6% y/y. Overall, it is a decent report for Australia yet focus remains on CPI and geopolitical tension. Major equity indexes are lower with the Nikkei leading with more than three percent losses. Precious metal is recovering partial losses but still far from the weekly high.

AUD/USD is trading 0.36% lower at 0.7009.