ANZ Roy Morgan Consumer Confidence comes in for the week at 118.0

  • prior 115.5

The weekly data point is volatile, best to look at it over time (IMO)

For this week:

  • ANZ citing better stock market performance, talk of a likely RBA rate cut
  • ANZ note consumers feeling better about their own finances and the economic outlook in the near term

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In other Australia news, the 10 year bond yield has fallen to a record low this morning (1.831%)