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12 May 2020
NAB Business Confidence Index bounces to -46 in April, AUD/USD remains heavy
National Australia Bank’s (NAB) index of business conditions slumped to -34 points in April vs. -21 last.
The survey’s volatile measure of business confidence bounced to -46 in April vs -66 seen in March. The gauge jumped off the lowest in the history of the series.
more to come ...