The ANZ - Roy Morgan consumer confidence survey is conducted weekly. Its hit a 3-month high and in the bigger picture is barely above a 3-year low.
Comments from ANZ:
- rose back to its late-April level
- Major gains in the ‘future financial conditions’ ahead of an expected pause from the RBA drove the lift
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Reminder, its RBA day!
- Bank of America expects the Reserve Bank of Australia to its hike cash rate by 25 bp today
- Reserve Bank of Australia statement due Tuesday, 1 August 2023 - previews
Reserve Bank of Australia Governor Lowe