Summary: Household sentiment improves in January; readings comparable with depths of early 1990s recession, “still depressingly low”; no RBA rate increase “likely explanation” for result; all sub-indices higher; fewer respondents expecting higher jobless rate. After a lengthy divergence between measures of consumer sentiment and business confidence in Australia which began in 2014, confidence readings of the two sectors converged again in mid-July 2018. Both measures then deteriorated gradually in trend...