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Alongside the release of their latest.....>

AUSTRALIA
AUSTRALIA: Alongside the release of their latest monthly consumer confidence
reading Westpac noted that "the drop in confidence reverses all of last month's
impressive gain, taking the Index back to the weak levels seen in May but still
leaving it 16% above April's extreme low of 75. The timing of the survey is
relevant. It covered the week in which the lock down was announced for Melbourne
but the survey closed before the news of a significant cluster was reported for
Sydney. Sentiment has been rocked by the resurgence in Coronavirus cases over
the last month."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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