Australian consumer confidence fell sharply in December, reversing November’s brief improvement. The Westpac Consumer Sentiment Index dropped -9.0% mom to 94.5, slipping back toward levels seen prior to last month’s surprise bounce. The pullback leaves sentiment only in “cautiously pessimistic” territory as the year comes to a close. Westpac noted that while confidence has improved […]

The post Australia Westpac consumer sentiment falls back to 94.5, bounce proves short-lived appeared first on ActionForex.