Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The typical/expected impact on AUD pairs is medium.
There is no forecast value for S&P Global Composite PMI yet - check back for updates.
The most recent announced value for S&P Global Composite PMI was 52.4 against a forecast of 52.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next S&P Global Composite PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports (MoM) | Bearish change | 0.9% | -0.9% | ||
| Imports (MoM) | Bullish change | -1.8% | 0.8% | ||
| Trade Balance (MoM) | Bearish change | 3373M | 2631M | ||
| Gross Domestic Product (QoQ) | Bullish change | 0.5% | 0.8% | ||
| Gross Domestic Product (YoY) | Bullish change | 2.1% | 2.6% | ||
| AiG Industry Index | Bullish change | -12.3 | -1.5 | ||
| S&P Global Services PMI | Bullish change | 52.2 | 52.8 | ||
| Building Permits (MoM) | Bullish change | -14.9% | -7.2% | ||
| Private Capital Expenditure | Bearish change | 6.4% | 0.4% | ||
| S&P Global Manufacturing PMI | Bearish change | 52.3 | 51.5 | ||
| S&P Global Services PMI | Bearish change | 56.3 | 52.2 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |