Australia NAB business confidence rose to 3 in Jan, strong recovery expected

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<p>Australia NAB business confidence rose from -12 to 3 in January, turned positive. Business conditions, however, dropped from 8 to 3. Looking at some details, trading conditions dropped from 14 to 7. Profitability conditions dropped from 10 to 2. Employment conditions dropped from 2 to -1 and turned negative. “Overall, the January survey shows significant […]</p>
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