Australia’s NAB Business Confidence Index improved from -23 to -14 in May, recovering from extremely weak levels as concerns over the economic fallout from the Middle East conflict eased. However, confidence remained firmly negative, highlighting ongoing caution among businesses despite signs that the economy has avoided a more severe slowdown. Business Conditions held steady at […]The post Australia NAB Business Confidence Lifts From Deep Lows as RBA Tightening Bites appeared first on ActionForex.