According to the analysts at Australia and New Zealand Banking Group (ANZ), the Australian “confidence edged up a touch last week, reversing the prior week’s decline. It remains well below average.” Key Quotes: “Overall financial conditions were little changed, with offsetting moves in ‘current’ and ‘future’ finances. We also saw offsetting moves in economic conditions. ‘Current economic conditions’ gained 2.1%, while ‘future economic conditions’ declined 2.5% last week. ‘Time to buy a major household item’ gained 2.7% compared to a decline of 2.4% previously. The four-week moving average of ‘inflation expectations’ was up by 0.1ppt to 4.0%. The weekly reading rose to 4.2%, its highest level since early September, perhaps reflecting the lift in headline inflation reported in the December 2019 CPI report.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Hong Kong reports its first China coronavirus death, risk sentiment remains tepid FX Street 2 years According to the analysts at Australia and New Zealand Banking Group (ANZ), the Australian “confidence edged up a touch last week, reversing the prior week’s decline. It remains well below average.” Key Quotes: “Overall financial conditions were little changed, with offsetting moves in ‘current’ and ‘future’ finances. We also saw offsetting moves in economic conditions. ‘Current economic conditions’ gained 2.1%, while ‘future economic conditions’ declined 2.5% last week. ‘Time to buy a major household item’ gained 2.7% compared to a decline of 2.4% previously. The four-week moving average of ‘inflation expectations’ was up by 0.1ppt to 4.0%. The weekly reading… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
