Breaking News

National Australia Bank Business Confidence

Latest Release

Oct 08, 2024

Actual

-2

-5

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

Release Date	Time	Actual	Previous
Nov 12, 2024 (Oct)	00:30		-2
Oct 08, 2024 (Sep)	00:30	-2	-5
Sep 10, 2024 (Aug)	01:30	-4	1
Aug 13, 2024 (Jul)	01:30	1	3
Jul 09, 2024 (Jun)	01:30	4	-2
Jun 11, 2024 (May)	01:30	-3	2

News

Asia FX drifts lower, dollar weakens as inflation data looms By Investing.com - May 08, 2023 1

Investing.com -- Most Asian currencies moved in a flat-to-low range on Monday as robust U.S. labor data fueled expectations that the Federal Reserve will keep interest rates higher for longer,...

Asia FX sinks as U.S. bank rout batters sentiment ahead of CPI data By Investing.com - Mar 14, 2023

By Ambar Warrick Investing.com -- Asian currencies retreated on Tuesday as concerns over a banking crisis in the U.S. battered sentiment, with a mild recovery in the dollar also pressuring markets...

Asian Stocks Cautiously Optimistic Ahead of U.S. CPI Data By Investing.com - Sep 13, 2022

By Ambar Warrick Investing.com-- Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in...

Analysis

Week Ahead Economic Preview: Week Of 11 July 2022 By Chris Williamson - Jul 10, 2022

A busy week sees the release of a series of GDP data for the UK, China and Singapore, which will no doubt take centre stage. At the same time, industrial production data for Japan, Eurozone, India,...

Week Ahead Preview: highlights include UK GDP, Chinese inflation By Ryan Anderson - Nov 05, 2021 1

MON: BoJ SOO (Oct), Eurogroup Meeting; Swiss Unemployment (Oct), EZ Sentix (Nov) TUE: Norges Bank Financial Stability Report (2021), EIA STEO; Australian NAB Business Conditions/Confidence (Oct),...

End Of Month Dollar Selling, RBA Meeting Next By Kathy Lien - Sep 01, 2020 3

With August drawing to a close, the Federal Reserve’s decision to shift its inflation focus last week is catching up to the US dollar. The greenback traded lower against all of the major...

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