Australian weekly client confidence 81.7 (prior 82.2)

ANZ-Roy Morgan Australian Shopper Confidence index is revealed weekly, is available in at 81.7

• prior week 82.2

ANZ feedback:

• ANZ-Roy Morgan Australian Shopper Confidence was broadly unchanged
  final week. Inflation expectations fell (down 0.1% on thee week to 4.8%) to their lowest degree since
  February 2022
• Confidence amongst households paying off a mortgage declined 6.4pts to its lowest degree this 12 months, regardless of expectations the RBA will maintain the money price on maintain at this time. Confidence amongst renters stays weak, declining 1.8pts.

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Developing later from Australia is the March coverage assembly, no money price change is predicted:

• Reserve Bank of Australia meet this week – on hold decision expected

• Reserve Bank of Australia expected to keep its 4.35% cash rate unchanged until September
• The Reserve Bank of Australia March policy decision is due on the 19th – ‘on hold’ preview

Present RBA Money Charge and Australian inflation charges

This text was written by Eamonn Sheridan at www.forexlive.com.