Australia consumer confidence drops to six-week low
Australian consumer confidence fell 3.0 points over the week to 71.9, hitting a six-week low as concerns rose that the central bank could deliver up to two additional interest-rate hikes before year-end.
Australian consumer confidence fell to a six-week low last week as worries built that the central bank could deliver as many as two more interest-rate increases before year-end. 9 points.