News Headline Summary

Australian NAB Business Confidence (Nov) M/M -9 (Prev. -1), weakest since May 2009

- NAB Conditions (Nov) M/M -5 (Prev. -5)
- November Mining Capex -4 (Prev. 25)

Reaction details (07:31)

- No immediate reaction observed in AUD/USD, trades 1.0481 (-7 pips) last.

Analysis details (07:35)

- Business confidence fell sharply in November to the lowest level since May 2009 and most pronounced in the manufacturing sector.

11 Dec 2012 - 07:30 - Forex - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: