NAB Business Confidence (AUD) – 09/03

 

What is it? It checks the level of a diffusion index based on surveyed businesses, excluding the farming industry.

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.

When? March 9th at 8:30pm Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the AUD to rise.

 

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