Australian consumer sentiment improved in August, with Westpac–Melbourne Institute Consumer Sentiment Index rising 83.9 to 88.9, a 6.0% monthly gain. Improvement was concentrated among mortgage holders and emerged almost entirely after RBA’s August 11 decision to keep rates unchanged. Current financial assessments led rebound, with family finances versus a year ago jumping 71.1 to 80.0, […]The post Australia Westpac Consumer Sentiment Rebounds After RBA Hold, but Pessimism Persists appeared first on ActionForex.