Australian November business confidence and conditions coming up at the bottom of the hour ...Middle East

While there is no survey of expectations for this report, the October data was improved. The National Australia Bank (NAB) business survey revealed a notable increase in business confidence, reaching its highest level since early 2023. The business confidence index rose by 7 points to +5, while business conditions remained steady at +7 index points. The survey highlighted a slight uptick in trading conditions, which increased by 1 point to +13 stable profitability at +5 index pointsemployment intentions saw a minor decline, dropping 2 points to +3 Encouragingly, input cost pressures showed signs of easinglabour cost growth decreased to 1.4% in quarterly equivalent terms, down from 1.9% in Se

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