Australia’s Business Sentiment Stabilizes in June-Optimism Rises
Australian business conditions remained steady at +3 in June, according to a National Australia Bank (NAB) survey, as a temporary U.S.-Iran peace deal eased cost pressures. While confidence improved from -14 in May to -5 in June, renewed military strikes by the U.S. and a blockade of the Strait of Hormuz have since pushed Brent … Read more