Australia NAB Business Confidence
The National Australia Bank's poll of market confidence is based on a telephone survey of around 600 small, medium, and large non-agricultural businesses. A simple average of trading, profitability and employment indicators stated by respondents for their selected businesses are used to generate the Survey's estimates for business conditions for the upcoming month. The indices are produced by separating the percentage of respondents who nominate good or very good, or an increase, by the percentage of respondents who nominate poor or very poor, or a decrease.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Forex Sentiment (AUD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURAUD |
|
|
1.6383 -293 pips |
1.6611 +65 pips |
1.66762 | |
| AUDCAD |
|
|
0.8985 -2 pips |
0.9042 -55 pips |
0.89871 | |
| AUDJPY |
|
|
94.0363 -375 pips |
100.0983 -231 pips |
97.784 | |
| AUDNZD |
|
|
1.0963 -93 pips |
1.1064 -8 pips |
1.10558 | |
| AUDUSD |
|
|
0.6301 +46 pips |
0.6499 -244 pips |
0.62550 | |
| AUDCHF |
|
|
0.5650 +64 pips |
0.5800 -214 pips |
0.55857 | |
| GBPAUD |
|
|
1.9618 -485 pips |
2.0096 +7 pips |
2.01025 | |
| AUDSGD |
|
|
0.9686 +1210 pips |
0.8715 -239 pips |
0.84755 | |
| XAUAUD |
|
|
4165.5477 -2743 pips |
4206.5880 -1361 pips |
4,192.98 | |
| XAGAUD |
|
|
43.6340 -357 pips |
0 +4720 pips |
47.204 |
News (AUD)
Australia Budget To Slip Into Deficit In 2024-25
Australia's budget is forecast to slip into deficit in 2024-25 after recording back-to-back surpluses for the first time in almost two decades, Treasurer Jim Chalmers said Wednesday. In the latest Mid-Year Economic and Fiscal Outlook, the government projected a deficit of A$26.9 billion for 2024-25. However, this was A$1.3 billion smaller than projected in the budget.
RTTNews | 3 days ago
Australia Manufacturing PMI Slips To 48.2 In December - Judo Bank
The manufacturing sector in Australia continued to contract in December, and at a faster pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 48.2.
RTTNews | 5 days ago
Australia Jobless Rate Falls To 3.9% In November
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday.
RTTNews | 9 days ago
