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Westpac (ASX:WBC) reports 'extraordinary' Australian consumer confidence

Westpac (ASX:WBC) reports ‘extraordinary’ Australian consumer confidence
Lucas Radbourne | April 20, 2021 1:38pm |
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Australia’s economic growth is vastly outpacing its wealthy global counterparts, with the economy set to grow at its fastest rate since 2007 this year, and Australian consumer confidence hitting decade-highs.
Westbank Banking Corp(ASX: WBC) has just released its Westpac-Melbourne Institute Index of Consumer Sentiment report, which tracks Australian consumer confidence and spending habits.
It shows consumer confidence increased by 6.2% to 118.8 in April from 111.8 in March, which Westpac’s Chief Economist Bill Evans calls “an extraordinary result”.
Australians confident and eager to spend ....

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Markets Live, Wednesday 14 April, 2021

By Alex Druce
The Australian sharemarket has set a new post-pandemic high, rising 0.6 per cent to touch 7017.6 in late morning trade.
Big miners Rio Tinto and BHP recovered to help the ASX200 edge past the previous 13-month peak set last Thursday.
Commonwealth Bank also moved higher, while biotech CSL was 0.9 per cent ahead at $267.18.
The gold miners, tech firms, and buy now, pay later stocks were still strong.
US futures were subdued at lunchtime AEST.
9.28am
By Colin Kruger
Brainchip shares exploded this morning after the billion-dollar company promising to build computer chips that mimic the workings of the human brain and said volume production of its microprocessors has commenced. ....

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S&P/ASX 200 rises above 7000 to hit new post-pandemic high

S&P/ASX 200 rises above 7000 to hit new post-pandemic high
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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ASX clears 7000 again, putting record high in sight

The Australian sharemarket is within 2 per cent of hitting a record high after closing above 7000 points for the first time in more than 13 months. ....

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A Peek Into The Markets: US Stock Futures Edge Higher; Bank Earnings In Focus

A Peek Into The Markets: US Stock Futures Edge Higher; Bank Earnings In Focus
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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