ANZ Roy-Morgan Australian Consumer Confidence for the week to 111.2
- prior 108.7
ANZ comments:
- Confidence improved after news of a notably drop in unemployment in December to 6.6%.
- Current and future economic conditions surged, and are both above their long-run ave, for the first time since mid-2019.
I'd add in the fresh coronavirus outbreak in NSW being brought under control quickly and relatively easily, along with some border reopenings.
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AUD little changed. Maybe we should rename AUD to GameStonck or something?