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National Australia Bank Quarterly Business Confidence

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National Australia Bank Quarterly Business Confidence

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Delivery Method

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Status

 
Latest Release
Jul 22, 2021
Actual
17
Previous
19
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
Jul 21, 2021 21:30 17   19
Apr 21, 2021 21:30 17   15
Feb 03, 2021 20:30 14   -8
Oct 28, 2020 20:30 -10   -15
Jul 22, 2020 21:30 -15   -12
Apr 01, 2020 21:30 -11   -2

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

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

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...

Jeremy Cook
Poor Business Confidence Undermines AUD By Jeremy Cook - Mar 12, 2019

GBP: Deal looking more possible than ever The mood music around sterling today is a lot more positive than it was 24 hours ago. The news that Theresa May will be bringing legally binding changes to...

Andrew Robinson
Aussie, Kiwi Lower On Soft Data By Andrew Robinson - Feb 07, 2019

The lands down under both suffered a sell-off of their currencies in early Asia trading this morning, as economic data failed to impress. Kiwi hit on jobs data NZD/USD slumped to near two-week lows...

NAB Quarterly Business Confidence Discussion

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