NAB Business Confidence

/NAB Business Confidence

april, 2019

01apr1:30 am1:30 amNAB Business ConfidenceTRADERS CAN HOLD AUD POSITIONS THROUGH THIS RELEASE1:30 am - 1:30 am UTC Event Type :Low Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Measures

Level of a diffusion index based on surveyed businesses, excluding the farming industry.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for currency.

Frequency of event

Released monthly, about 11 days after the month ends.

Source of Data

National Australia Bank Limited (latest release)

Time

(Monday) 1:30 am - 1:30 am

Australia - Flag - Economic Data

Leave A Comment