First up its weekly consumer confidence, due at 2230 GMT: Heads up for Australian consumer confidence data due today

Later, due at 0030, the National Australia Bank Business Survey for November. the twin headlines are business conditions and business confidence:

  • Conditions, prior 21
  • Confidence, prior 8

From a Westpac morning note:

  • October's conditions index (which usually correlates closest with GDP) surged to a staggering +21, a record high.
  • The confidence index was a more plausible +8
  • So perhaps there will be some convergence in the two without altering the overall view of business optimism

From CBA's morning note:

  • We expect the November business confidence survey to remain consistent with encouraging economic conditions which is AUD supportive

From ANZ's weekly note:

  • We think business conditions most likely retreated slightly in November.
  • Even a more material pullback would not be concerning, given conditions in the previous month hit the highest levels on record.
  • Other business surveys suggest that conditions remained elevated in November, led by strength in the construction sector as infrastructure investment and non-residential building continue to pick up.

The data comes from NAB, they do not provide a preview (fair enough I suppose).