National Australia Bank’s business confidence index for Australia drops to 4 in July

Market news

11 August 2015

National Australia Bank’s business confidence index for Australia drops to 4 in July

The National Australia Bank released its business confidence index for Australia on Tuesday. The index dropped to 4 in July from 8 in June. June's figure was revised down from 10.

The decline was driven by weaker conditions for employment, forward orders and exports.

The yuan devaluates almost 2% against the U.S. dollar on Tuesday

OPEC: there is no plans for an emergency meeting to discuss the decline in oil prices before a next scheduled meeting on December 04

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.