Australian Westpac Consumer Confidence Index (Feb) 90.5 (Prev. 92.9)
The drop in the Australian Westpac Consumer Confidence Index to 90.5 from 92.9 suggests a weakening sentiment among consumers, which could impact spending and economic growth.
White House officials says US President Trump does not support Israel annexing the West Bank, adds stable West Bank is key to Israel's security and align with the administration's peace goals
US plans Big Tech carve-out from next wave of chip tariffs with Trump admin intending to spare companies including Amazon (AMZN), Google (GOOG) and Microsoft (MSFT) from forthcoming tariffs on chips, according to FT
Australian Westpac Consumer Confidence Index (Feb) 90.5 (Prev. 92.9)
[MARKET UPDATE] Early pressure in metal prices with spot gold down 0.7% and spot silver down 0.9% shortly after the reopen of electronic trade
PRE-MARKET AUSTRALIAN STOCKS NEWS: Macquarie Group (MQG AT) said Q3 profit contribution was higher than a year ago across all business divisions
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This decline may signal concerns over the economic outlook, reinforcing expectations for accommodative monetary policy from the RBA to support consumer spending and confidence.
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