Australia’s business survey released by National Australia Bank (NAB) report –
- Confidence 7 in May, from 0 in April.
- Conditions 1 in May from 3 in April.
- The key employment sub-index is now at its lowest since late 2016.
The Aussie remains unfazed by the mixed NAB Australian business survey and keeps the recovery mode intact, with the AUD/USD pair hovering near 0.6965 region.