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Australia data – ANZ Roy Morgan weekly consumer confidence 78.7 (prior 78.1) | Forexlive

Australian Weekly ANZ Roy Morgan Consumer Confidence survey.

ANZ comment:

  • July monthly CPI, which showed falling annual inflation, likely supported the lift, as did the start of what we think will be an extended pause from the RBA.

78.7 is an 18-week high. And still deeply, deeply pessimistic.

He’s right.