The results of the National Australia Bank June survey of business will be released at 0130GMT
Prior ratings were both very strong, each was well above long-term levels (around 6 for both):
- The business conditions index registered a whopping +37, which was a record high
- Business confidence +20
Its difficult to think the 'conditions' index will be any higher, a pullback is expected (the ForexLive calendar, link here, has an expected of 33, and 23 for confidence).
