At 02:30 (GMT+2), Australia will publish the November National Australia Bank (NAB) business confidence index, based on a survey of 350 companies and assessing current business sentiment. If the indicator continues to move negatively from 5.0 points, this may put pressure on the Australian...
Australia’s NAB Business Confidence index slid sharply to -3 in November, down from 5 in October, returning to below average levels. Business conditions also weakened notably, dropping from 7 to 2, marking declines across trading, profitability, and employment metrics. Trading conditions fell to...