Australian Consumer Confidence slumps nearly 3 points in a week ...Middle East

The weekly ANZ-Roy Morgan Australian Consumer Confidence survey came in at 85.5prior week was 88.4A big drop from deeply pessimistic to even more deeply pessimistic! Under 100 is net pessimism. ANZ remarks on the fall:ANZ-Roy Morgan Consumer Confidence fell 2.9pts after Q3 GDP and the end of Black Friday sales. All subindices fell, but the biggest drop was in households’ confidence in their financial conditions over the next 12 months This article was written by Eamonn Sheridan at www.forexlive.com.

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