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US Ready to Open, Aussie confidence climbs, UK employment glum

Wednesday 12th November 2025

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It was reasonably constructive news from the latest NAB Business Survey according to Taylor Nugent. Confidence fell 2pts in October, but it remains above the long run average and echoes concerns from Andrew Hauser about rising capacity utilisation. Aussie consumer confidence jumped yesterday, despite expectations that the RBA will cut rates later, or not at all. Meanwhile, it looks like the US shutdown could end as soon as today, and we can expect a swag of delayed data as…

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