National Australia Bank’s business confidence index declines to 2 points in January

Market news

9 February 2016

National Australia Bank’s business confidence index declines to 2 points in January

The National Australia Bank (NAB) released its business confidence index for Australia on Tuesday. The index fell to 2 points in January from 3 points in December.

"Given all the volatility in equity and financial markets, this is yet another relatively good result from the Business Survey. It suggests things remain broadly on track for the non-mining economy," NAB Group Chief Economist Alan Oster said.

The main business conditions index decreased to 5 points in January from 6 points in December, while employment declined to -1 points from 0 points.

The New York Fed’s survey of consumers’ expectations for inflation: consumers’ expectations decline in January

Options levels on tuesday, February 9, 2016:

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