A preview of the business confidence and conditions data from the National Australia Bank business survey for December
NAB Business Survey
- confidence prior 3
- conditions prior 11
NAB provide no preview.
ANZ have this to say:
- The AiG PMIs and global developments point to a fall in business conditions. We expect business conditions to drop to a level that is still above the long-run average, with a bigger fall than this of considerable concern
Soft business confidence has been a negative (one of many) for the Australian dollar.