Australia’s NAB Business Confidence rose from -7 to -4 in Q4, reflecting a slight improvement in sentiment. However, Business Conditions remained unchanged at 3, as trading conditions slipped from 6 to 5, and profitability turned negative from 0 to -1. Employment conditions as steady at 3. Forward-looking indicators showed a mixed picture. Expected business conditions […]
The post Australia’s NAB business confidence improves, but profitability weakens appeared first on Action Forex.
ECB Executive Board member Piero Cipollone indicating that while “there is still room for adjusting rates downwards”, the March decision remains uncertain. He stated that ECB must be “extremely careful” in its assessment, and he Read more…
Markets US Treasury Secretary Bessent seems to manifest himself as the voice of reason for US President Trump’s chaotic, sometimes illogic, burst of thoughts. In an interview with Fox Business he elaborated on/clarified themes like Read more…
Sentiment across Europe and the US improves on waning trade tensions with the US. Most major indices ended the session in the green, but gains in the US were questionable due to the underwhelming set Read more…