* Retail sales disappoint for a second month * Trade deficit widens in March, but set to narrow * Offers reason to pause on rate hikes in near term By Wayne Cole SYDNEY, May 6 (Reuters) - Australian retail sales rose a surprisingly subdued 0.3 percent in March, a second straight month of weakness that could give policy makers extra reason to hold off on further rate hikes in the next few months. The local dollar slipped as investors pared the chance of a rate increase by August to around 60...
Full Story: The Guardian
