Xero share price closes higher; traders eye Australia GDP and RBA signals next week
Xero shares closed up 1.0% at A$83.14 after reporting the strongest small-business sales and jobs growth in two years. The company warned that higher interest rates remain a risk. Australia’s Q4 GDP data is due March 4, with new Reserve Bank of Australia messaging expected in early March. Xero’s next full-year result is scheduled for release after March 31.