National Australia Bank’s Quarterly Business Survey showed while both business confidence and conditions declined slightly in the March quarter both remain at solid levels.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Wall Street managed to reverse an early plunge last night on vague EU assurances and some comfort from the President. Dow up 9. (Locked for subscribers until 10:00 AEST)
Recent reports by industry consultant BIS Shrapnel and a survey by National Australia Bank both point to improving conditions in Australian commercial property markets.
Another big sell off in Greek bonds had traders exiting the Aussie last night as the SPI Overnight headed south despite a flat close on Wall Street.
The next RBA rate hike could come as early as next month, if today’s leading index update is anything to go by.
Positive earnings results including a cracker from Apple last night sent Wall Street towards its highs again. Dow up 25.
The RBA is returning interest rates to normal and this month’s minutes suggest the process will no longer be gradual.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.