Westpac’ consumer confidence index for Australia rises 4.2% in October

Market news

14 October 2015

Westpac’ consumer confidence index for Australia rises 4.2% in October

Westpac Bank released its consumer confidence index for Australia on late Tuesday evening. The index climbed 4.2% in October, exceeding expectations for a 3.0% rise, after a 5.6% drop in September.

"There has been a very significant and unexpected boost to respondents' assessment of the state of the labour market which looks to be an even more significant result than the increase in the overall index," Westpac Chief Economist Bill Evans said.

Greek import prices drop 2.2% in August

Foreign exchange market. European session: the British pound traded higher against the U.S. dollar after the release of the mixed U.K. labour market data

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.