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Sunday, 05/08/2011 9:59:13 PM

Sunday, May 08, 2011 9:59:13 PM

Post# of 63665
Australia business conditions soften in April: NAB
Sunday, May 08, 2011 8:30 PM



SYDNEY (MarketWatch) -- Australian business conditions and confidence softened in April, according to a monthly survey by National Australia Bank. The business conditions component of the survey declined to 5, from a reading of 9 in March, while business confidence fell to 7 from 9, the survey showed. "Overall, it appears that the high Australian dollar is beginning to erode sentiment," the survey said.

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http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/xQY1S9aR_38/story.aspx

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