Tuesday, October 13, 2015

Australian business confidence preview - ANZ

FXStreet (Guatemala) - Analysts at ANZ noted the key events taking place for AUD/USD today.

See here for recent price action in AUD/USD (AUD/USD: massive week ahead at key resistance).

Key Quotes:

"Business confidence will be particularly important given it is the first read on business sentiment since Malcolm Turnbull was appointed Prime Minister on 15 September. We expect a solid improvement in business confidence consistent with the initial improvement in consumer confidence and public opinion polls.

The key challenge for the government, however, is to make any lift in confidence stick."
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