Tuesday , 19 November 2024
Home Forex Australian Consumer Confidence, weekly survey, comes in at 86.8 (prior 86.7)
Forex

Australian Consumer Confidence, weekly survey, comes in at 86.8 (prior 86.7)

ANZ-Roy Morgan Australian Consumer Confidence weekly survey: 86.8

  • prior 86.7

Under 100, which is where this indicator seems to live now, is net pessimistic.

ANZ comments:

  • moving in a narrow range
  • Household confidence in the 12mth economic outlook has risen 10.7pts since early July
  • Inflation expectstions eased 0.2ppt to 4.7%

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bank of America says US stock mkt statistically expensive, raises 2025 price target anyway

Bank of America says broad market is ‘statistically expensive on almost every...

RBA minutes: Vigilant to upside inflation risks, policy must remain restrictive

The Reserve Bank of Australia minutes indicate that the board remains vigilant...

Chinese state media outlet says further RRR cuts are expected this year

China Securities Journal quotes analysts saying further cuts to RRR coming this...

PBOC is expected to set the USD/CNY reference rate at 7.2305 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The...