Summary: Leading index growth rate up in June; Westpac: lacklustre growth momentum continuing; reading implies annual GDP growth of around 2.25%-2.50%; ACGB yields steady; rate-rise expectations soften; main movements over past six months are significantly weaker commodity prices, stabilisation of monthly hours worked. Westpac and the Melbourne Institute describe their Leading Index as a composite measure which attempts to estimate the likely pace of Australian economic growth in the short-term....