Breaking News

Australia Westpac Consumer Sentiment

Latest Release

Oct 07, 2024

Actual

6.2%

-0.5%

The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0 indicates optimism; below indicates pessimism. The data is compiled from a survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

Importance:

Country:

Currency: AUD

Source: Westpac Banking Corporation

Release Date	Time	Actual	Forecast	Previous
Nov 12, 2024 (Nov)	19:30			6.2%
Oct 07, 2024 (Oct)	19:30	6.2%		-0.5%
Sep 09, 2024 (Sep)	20:30	-0.5%		2.8%
Aug 12, 2024 (Aug)	20:30	2.8%	0.5%	-1.1%
Jul 08, 2024 (Jul)	20:30	-1.1%		1.7%
Jun 24, 2024 (Jun)	20:30	1.7%		-0.3%

News

Asia FX weakens as yuan slides; dollar firm amid bets on smaller rate cut By Investing.com - Oct 07, 2024

Investing.com-- Most Asian currencies drifted lower on Tuesday, with the Chinese yuan weakening sharply as onshore trade resumed after a week-long holiday. The dollar remained in sight of recent...

Asian stocks fall amid rate, tech jitters; China shares return with a bang By Investing.com - Oct 07, 2024

Investing.com-- Most Asian markets fell on Tuesday, tracking overnight weakness in Wall Street as strength in the U.S. job market drove bets that interest rates will remain relatively high. Chinese...

Australia consumer sentiment improves in Oct- Westpac By Investing.com - Oct 07, 2024

Investing.com-- Australian consumer sentiment hit an over two-year high in early-October, a private survey showed on Tuesday, amid growing confidence that local interest rates will not rise...

Analysis

U.S. Dollar: Vaccine Concerns Overshadow CPI By Kathy Lien - Apr 14, 2021

The biggest news on Tuesday turned out to be concerns about the Johnson & Johnson (NYSE:JNJ) vaccine and not the U.S. inflation report. The country’s two health agencies (FDA and CDC)...

End Of Month Dollar Selling, RBA Meeting Next By Kathy Lien - Sep 01, 2020

With August drawing to a close, the Federal Reserve’s decision to shift its inflation focus last week is catching up to the US dollar. The greenback traded lower against all of the major...

Dollar Rises As Fed Powell Rules Out Negative Rates By Kathy Lien - May 14, 2020

The US dollar traded higher against all of the major currencies on the back of risk aversion and comments from Federal Reserve Chairman Jay Powell yesterday. While his outlook was very cautious,...

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