Australian Westpac Consumer Confidence Index (Feb) 90.5 (Prev. 92.9)

Newsquawk Staff · 9 Feb 2026, 23:50 UTC

What it means

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. 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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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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Headlines from our feed, and what the market did next.

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%

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