ANZ-Roy Morgan Australian Consumer Confidence weekly survey rose to 76.7 from 74.7 the previous week. ANZ comments: @page { size: 21cm 29.7cm; margin: 2cm } p { line-height: 115%; margin-bottom: 0.25cm; background: transparent } ‘Time to buy a major household item’ subindex climbed to its highest since early February Buying sentiment was upbeat in the week to Black Friday This indicator has been very weak, its long-run average is just under 111. At 76.7 its deeply pessimistic. This article was written by Eamonn Sheridan at www.forexlive.com.
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