Australia ANZ Roy Morgan weekly Consumer Sentiment for the week ended August 17: 112.5 (prior was 108.5)

Australia ANZ Roy Morgan weekly Consumer Sentiment for the week ended August 17, 112.5

• Up 3.7% from the prior week’s 108.5

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ANZ’s chief economist Warren Hogan:

• “Consumer confidence has stabilised near its long-run average level in August. Along with low interest rates and a gradual improvement in the labour market this should support house prices and retail spending as we head into spring”

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AUD little changed on the release.

But the NZD has lost ground this morning, not helped by the PPI results which, if nothing else, served as a reminder of the dairy auction coming up tonight (NZ time).