Australia's weekly consumer confidence continues to collapse - monthly survey due soon

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Australia's weekly consumer confidence continues to collapse - monthly survey due soon

<p>The latest weekly result is here:</p><ul><li><a href="https://www.forexlive.com/news/australian-inflation-expectations-have-hit-their-highest-ever-on-record-for-this-survey-20221107/" target="_blank" data-article-link="true">Australian inflation expectations have hit their highest ever on record for this survey</a></li></ul><p>Coming up later in the session, due at 2330 GMT, is the Westpac Consumer Confidence survey for November. </p><p>ASB in New Zealand preview:</p><ul><li>last month showed a 0.9% fall, driven primarily by responses prior
to the October RBA Board meeting where the size of interest rate hikes was reduced. </li></ul><p>Also of relevance for AUD traders are the result of the National Australia Bank Business Survey due at 003.0 GMT:</p><ul><li>We expect business conditions and confidence to ease as the full force of
the interest rate hiking cycle is felt in the economy. The pricing measures will be of close interest given the inflationary
pressures in the economy.</li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Australia's weekly consumer confidence continues to collapse - monthly survey due soon

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