The typical/expected market impact of this event is low.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Westpac Leading Index (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Westpac Consumer Confidence | Bullish change | 0.5% | 0.6% | ||
RBA Interest Rate Decision | (no change) | 3.85% | 3.85% | ||
Exports (MoM) | Bearish change | -1.7% | -2.7% | ||
Imports (MoM) | Bullish change | 1.6% | 3.8% | ||
Trade Balance (MoM) | Bearish change | 4859M | 2238M | ||
S&P Global Composite PMI | Bullish change | 51.2 | 51.6 | ||
S&P Global Services PMI | Bullish change | 51.3 | 51.8 |
Country: | Australia |
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Currency: | AUD |
Source: | University of Melbourne |
Category: | Economic Activity |
Frequency: | Monthly |