The weekly confidence data from Australia has slumped:
Australia weekly consumer confidence 97.9 (prior 106.0)
This monthly survey from WPAC/MI is not quite as bad - still above the 100 line separating net pessimism from net optimism. WPAC remark:
- While the January sentiment result was resilient overall, responses over the course of the survey week – from January 10 to January 14 – did show a deterioration suggesting some increased anxiety as the week progressed.
AUD unmoved:
