Reported Late Monday, National Australia Bank Business Confidence Unchanged At 1
Portfolio Pulse from Benzinga Newsdesk
The National Australia Bank's business confidence index remained unchanged at 1, as reported late Monday.
October 10, 2023 | 5:09 am
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NEUTRAL IMPACT
The unchanged business confidence index from National Australia Bank may not have a significant impact on EWA.
The business confidence index is a measure of the overall outlook of businesses in a country. In this case, the unchanged index indicates a stable economic environment in Australia, which may not have a significant impact on the iShares MSCI Australia ETF (EWA), as it is already factored into the market.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50