Australian weekly consumer confidence measure hits it highest since February

<p>ANZ-Roy Morgan Australian Consumer Confidence weekly survey for the week comes in at 80.8</p><ul><li>prior 76.4</li></ul><p>

ANZ citing:</p><ul><li>driven by confidence among homeowners</li><li>confidence about the economy has improved</li></ul><p>And add that inflation expectations are at their 2nd lowest in six months.</p><p>***</p><p>Don't say it out loud but 80 is still a terribly pessimistic level</p>

This article was written by Eamonn Sheridan at www.forexlive.com.