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National Australia Bank Business Confidence

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National Australia Bank Business Confidence

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Status

 
Latest Release
May 13, 2024
Actual
1
Previous
1
The National Australia Bank (NAB) Business Confidence Index rates the current level of business conditions in Australia. Changes in business sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The index is based on data collected from a survey of around 350 companies. A level above zero indicates improving conditions; below indicates worsening conditions.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: National Australia Bank
National Australia Bank Business Confidence
 
Release Date Time Actual Forecast Previous
Jun 11, 2024 (May) 11:30     1
May 13, 2024 (Apr) 11:30 1   1
Apr 09, 2024 (Mar) 11:30 1   0
Mar 12, 2024 (Feb) 10:30 0   1
Feb 13, 2024 (Jan) 10:30 1   0
Jan 23, 2024 (Dec) 10:30 -1   -8

News

ASX 200 to rise at open; Wall Street breaks record highs
ASX 200 to rise at open; Wall Street breaks record highs By Investing.com - Jan 22, 2024

Investing.com - The Australian stock market added 0.4% at Monday's open, mirroring the recent surge in U.S. markets driven by speculations of the Federal Reserve implementing interest rate cuts within...

ASX 200 gains 1% as market anticipates RBA rate cuts
ASX 200 gains 1% as market anticipates RBA rate cuts By Investing.com - Oct 10, 2023

Investing.com - The S&P/ASX 200 rallied back above the 7000 mark on Tuesday, driven by dovish remarks from US Federal Reserve members and promising signs of inflation cooling down in NAB’s monthly...

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Global marketsThe key development over the past week was the weaker-than-expected US CPI result, which has reduced the risk of further aggressive Fed action that ultimately pushes the economy...

NAB Business Confidence Discussion

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