Question Details

	Username: LuckyMan Rating: Asked to: Heng Kim Date Created: 16 Sep 2015
Category	25
Tag	Forex
Question	Please give the definition of NAB Business Confidence Index.

Advice from Guru

Hello LuckyMan,

A key measure of business confidence in Australia, published monthly and quarterly by National Australia Bank. The NAB Business Confidence Index is a component of the bank's business survey, which covers hundreds of Australian companies to assess business conditions in the nation. The index is closely watched to gauge the overall condition of the Australian economy.

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