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Australia business conditions steady in June; mood improves

First publishedJul 14, 01:36 UTC
Last updatedJul 14, 08:19 UTC · 8m ago
11 outletInvesting.com · Economy
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Australia business conditions steady in June; mood improves
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SYDNEY, July 14 (Reuters) - Australian business conditions were steady in June as cost pressures eased following a U.S.-Iran peace deal to end their conflict, a survey showed on Tuesday, although renewed hostilities have since sent oil prices higher again. The survey from National Australia Bank showed its index of business conditions was steady at +3 in June for a third straight month.

Reported by 1 outlet Investing.com · Economy. See all sources ↓

SYDNEY, July 14 (Reuters) - Australian business conditions were steady in June as cost pressures eased following a U.S.-Iran peace deal to end their conflict, a survey showed on Tuesday, although renewed hostilities have since sent oil prices higher again. The survey from National Australia Bank showed its index of business conditions was steady at +3 in June for a third straight month. Confidence also improved to -5, from a deeply pessimistic -14 in May. That was attributable to positive news from the Middle East after the U.S.

Read the full report at Investing.com · Economy

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What's the story?
SYDNEY, July 14 (Reuters) - Australian business conditions were steady in June as cost pressures eased following a U.S.-Iran peace deal to end their conflict, a survey showed on Tuesday, although renewed hostilities have since sent oil prices higher again. The survey from National Australia Bank showed its index of business conditions was steady at +3 in June for a third straight month.
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1 outlet, average source rating 6.0/10.
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8m ago.
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    Australia business conditions steady in June; mood improves

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    Investing.com · Economy
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