NAB Australia Quarterly Business Confidence
| Low | -4 | -2 |
-7
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| Last release | Importance | Actual | Forecast |
Previous
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| -1 |
-4
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| Next release | Actual | Forecast |
Previous
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The NAB Quarterly Business Confidence Index is calculated based on a business survey of Australian companies conducted by the National Australia Bank. The report reflects business expectations for 17 different factors, including tax regulation, housing prices, interest rates, wages, geopolitical risks, federal and regional policies, and other factors. A reading above zero indicates improving business conditions and can affect AUD quotes positively. A negative value indicates worsening conditions.
Last values:
actual data
forecast
The chart of the entire available history of the "NAB Australia Quarterly Business Confidence" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
