Australia's business confidence and conditions improved in January signaling that the economy remained resilient to headwinds from inflation and higher interest rates, survey results from National Australia Bank showed on Tuesday.
The business confidence index rose to +6 in January from zero in December. Following two months of rebound, confidence turned positive after easing into negative territory late in 2022.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.