Both business and consumer confidence have slumped in the past month, according to the latest surveys by ANZ. “The March ANZ Business Outlook survey showed.
Consumer confidence in the latest ANZ-Roy Morgan survey rose in February with a lift in perceptions of future conditions. But the lift did not necessarily.
The Australian Dollar (AUD) continues its downward trend for the second consecutive day due to the lower S&P/ASX 200, tracking overnight losses on Wall Street.