Australian Consumer Confidence Falls 0.3 Points to 67.7
Australian consumer confidence fell 0.3 points last week to 67.7. The four-week moving average dropped 1.1 points to 68.3.
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Australian consumer confidence fell 0.3 points last week to 67.7. The four-week moving average dropped 1.1 points to 68.3.
The 2-year US Treasury yield slipped after New York Fed President John Williams said there was 'no urgency' for further action, while major stock indexes eased. US crude fell and the dollar firmed against the yen as investors awaited Wednesday's PCE inflation data.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
() -- The ANZ-Roy Morgan Australian consumer confidence fell 1.2 points to 74.7 in the week of June 29 to July 5, ANZ reported Tuesday. The four-week moving average rose 1 point to 73.5 points, per the report. Australian consumer confidence fell last week as households grew more pessimistic about the financial and econ