The typical/expected impact on AUD pairs is medium.
The consensus forecast for S&P Global Composite PMI is 49.8. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for S&P Global Composite PMI was 49.8.
Recent economic data has been moderately bullish 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 | 7.2% | -6.9% | ||
| Imports (MoM) | Bullish change | 0.2% | 2.6% | ||
| Trade Balance (MoM) | Bearish change | 1383M | -3018M | ||
| Building Permits (MoM) | Bearish change | -0.2% | -1.1% | ||
| AiG Industry Index | Bullish change | -30.5 | -30 | ||
| National Australia Bank's Business Confidence (QoQ) | Bearish change | -5 | -19 | ||
| Employment Change s.a. | Bullish change | -40.7K | 40.3K | ||
| Full-Time Employment | Bullish change | -21.7K | 5.2K | ||
| Part-Time Employment | Bullish change | -19K | 35.2K | ||
| Participation Rate | Bullish change | 66.6% | 66.7% | ||
| Unemployment Rate s.a. | Bullish change | 4.5% | 4.4% | ||
| S&P Global Manufacturing PMI | Bullish change | 50.7 | 51.2 | ||
| S&P Global Services PMI | Bullish change | 48.7 | 49.9 |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |