Breaking News

National Australia Bank Quarterly Business Confidence

Latest Release

Oct 17, 2024

Actual

-6

-1

The National Australia Bank (NAB) Quarterly Business Confidence Index measures the change in the level of consumer confidence in economic activity. On the index, a level above zero indicates improving conditions, below indicates worsening conditions. The data is compiled from a survey of about 350 businesses which asks respondents to rate the relative level of past and future economic 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

Release Date	Time	Actual	Forecast	Previous
Oct 17, 2024	11:30	-6		-1
Jul 18, 2024	12:30	-1		-2
Apr 18, 2024	12:30	-2		-6
Feb 01, 2024	11:30	-6		-1
Oct 19, 2023	11:30	-1		-4
Jul 20, 2023	12:30	-3	0	-4

News

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By Oliver Gray Investing.com - The S&P/ASX 200 added 9.9 points or 0.1% to 7,511.6 during Thursday’s trade, extending gains for the second consecutive session and closing at fresh 10-month highs as...

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By Oliver Gray Investing.com - TheS&P/ASX 200 added 92.5 points or 1.4% to 6,742.1 after the first hour of Wednesday’s trade, reversing losses of 0.6% in the previous session amid a broad-based rally...

Analysis

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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thanks to President Trump’s promise to announce “something phenomenal on taxes in the next 2 to 3 weeks,” the...

NAB Quarterly Business Confidence Discussion

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S&P/ASX 200	8,285.20	+61.20	+0.74%
ASX 200 Futures	8,275.5	-44.0	-0.53%
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Australia 5Y	4.275	-0.002	0.00%
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U.S. 10Y	4.444	+0.018	+0.45%
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Singapore 10Y	2.912	-0.018	-0.68%

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Commonwealth Bank Australia	155.130	+2.290	+1.50%
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