26 Jan 2015
Australia: NAB business confidence eyed - RBS
FXStreet (Bali) - According to the FX Team at RBS, today's NAB business confidence index in Australia will be under greater scrutiny as expectations of a more dovish RBA rise.
Key Quotes
"In Australia, the NAB business confidence index is released for December. Ahead of the February RBA decision next week where expectation of a more dovish tone or an outright rate cut have risen notably, domestic data in Australia may be under greater scrutiny. The key event in Australia this week will likely be the fourth-quarter CPI release on January 28th."
Key Quotes
"In Australia, the NAB business confidence index is released for December. Ahead of the February RBA decision next week where expectation of a more dovish tone or an outright rate cut have risen notably, domestic data in Australia may be under greater scrutiny. The key event in Australia this week will likely be the fourth-quarter CPI release on January 28th."