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Australian business sentiment stalls, consumer sentiment falls
Business confidence came to a standstill according to a monthly NAB (National Australian Bank) survey, whilst consumer confidence is its lowest since the pandemic.
Australian Consumer and Business confidence improves - but AUDUSD in wait and see mode
This morning saw the release of Australian Business and Consumer Confidence data, framed against surging prices and a fourth consecutive 50bp rate hike from the RBA last week.
Another US business sentiment report flashes red ahead of the ISM
The Texas Fed Business Outlook Survey is the latest regional report for the US to send warning signals for the US economy.
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Asian Open: Lagarde cools the euro, AU business confidence at 11:30
The euro’s rally was stopped in its tracks as ECB president Christine Lagarde tried to walk back her moment of hawkishness at last week’s meeting.
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