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Consumer confidence up but Aussie dips February 10, 2021SharePrint The Australian dollar has reversed directions on Wednesday, after registering three winning sessions. Currently, AUD/USD is trading at 0.7726, down 0.16% on the day. Australian Consumer Confidence rises Australian confidence indicators have enjoyed a good week. In February, the Westpac Consumer Confidence Sentiment index rebounded in impressive style, with a gain of 1.9%. This follows a sharp decline of 4.5% beforehand. The December reading marked a 10-year high, so the Australian consumer is showing a high level of confidence in the economy. Importantly, the index is now 14.2% higher on a year-to year basis, which means the consumer confidence is comfortably higher than its pre-pandemic level. The survey noted that the “light-handed” lockdowns had effectively contained Covid-19, which had contributed to the increase in consumer confidence.

Consumer confidenceWestpac consumer confidence sentimentBusiness confidenceAustralia westpac consumer sentimentAustralian nab business confidenceCovid 19Us core cpiUs cpiநுகர்வோர் நம்பிக்கைவெஸ்ட்பேக் நுகர்வோர் நம்பிக்கை உணர்வுவணிக நம்பிக்கைஆஸ்திரேலியா வெஸ்ட்பேக் நுகர்வோர் உணர்வுஆஸ்திரேலிய ந்யாப் வணிக நம்பிக்கைஎங்களுக்கு கோர் சிபிஎங்களுக்கு சிபி