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National Australia Bank Quarterly Business Confidence

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National Australia Bank Quarterly Business Confidence

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Feb 01, 2024
Actual
-6
Previous
-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
National Australia Bank Quarterly Business Confidence
 
Release Date Time Actual Forecast Previous
Apr 17, 2024 21:30     -6
Jan 31, 2024 20:30 -6   -1
Oct 18, 2023 20:30 -1   -4
Jul 19, 2023 21:30 -3 0 -4
Apr 19, 2023 21:30 -4 2 -1
Feb 01, 2023 20:30 -1   9

News

Forex - Aussie Flat In Asia Ahead Of NAB Business Survey
Forex - Aussie Flat In Asia Ahead Of NAB Business Survey By Investing.com - Oct 17, 2017

Investing.com - The Aussie was flat and yen up a tick in early Asia on Wednesday with a closely-watched business survey ahead in Australia. AUD/USD traded flat at 0.7845, while USD/JPY changed hands...

Analysis

Craig Erlam
Week Ahead: Rapid Tightening On The Way By Craig Erlam - Apr 10, 2022

Central banks playing catchupThere has been incredible resilience in equity markets in recent weeks as central banks have ramped up interest rate expectations, particularly at the Fed, and bond...

Kenny Fisher
Aussie Dips On Soft Confidence Data By Kenny Fisher - Oct 21, 2021

The Australian dollar has reversed directions in the Thursday session. At time of writing, AUD/USD is trading at 0.7487, down 0.39% on the day. In Asia, the pair rose to 0.7564, its highest level...

Kenny Fisher
Aussie Range Trading Continues By Kenny Fisher - Feb 05, 2021 1

The Australian dollar has been in calm waters all week, as the pair has not veered much from the 0.76 level. Currently, AUD/USD is trading at 0.7618, down 0.24% on the day.Retail sales slip in...

NAB Quarterly Business Confidence Discussion

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