Australia: Roy Morgan Consumer Confidence up

Released late yesterday, the Roy Morgan Consumer Confidence poll for April shows:

Consumer Confidence rising to 123.2pts

  • up 13.2pts from the April survey a year ago

At 0030GMT we get Westpac Consumer Confidence for April (currently 110.5, after a 2% rise last month). The market will be watching the Westpac release for a sign of how consumers are behaving, continued strength here argues for rates on hold in Australia.

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