Australia’s NAB Business Confidence Index edged down from -14 to -15 in October, while Business Conditions slipped from -1 to -2, with both indicators remaining well below their long-run averages. The more concerning development was a sharp deterioration in forward orders, which plunged 11 points from -1 to -12, signalling further downside risks to business […]The post Australia NAB Business Confidence Falls to -15 as Weak Demand and Rising Costs Squeeze Profits appeared first on ActionForex.