S&P Global Services PMI - ForexCracked
Australia

S&P Global Services PMI AUD

Medium impact Updated after every release

What this release is

The S&P Global Services PMI for Australia measures business activity within the Australian services sector. Published monthly by S&P Global, with data available on markiteconomics.com, this report offers insights into the health of a significant part of the economy.

Forex traders monitor this release for clues about Australia’s economic growth and potential implications for monetary policy. Stronger services sector activity can suggest economic expansion and inflationary pressures, which may influence the Reserve Bank of Australia’s interest rate decisions and, consequently, the Australian dollar.

The market’s initial reaction often focuses on the headline figure. While the release is monthly and provides a timely update on the business sector, subsequent revisions to the data can also lead to market adjustments. After past releases, this data has shown a tendency to prompt noticeable movements in AUD pairs.

How hard it hits, measured

146 releases · own feed
Typical AUDUSD move
3pips / 1h
Median absolute move in the hour after the release
Big-release move
6pips / 1h
Top-quarter releases move at least this much
Largest measured
29pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
AUDUSD1.1p1.6p2.6p5.5p
AUDCAD1.6p2.2p3.2p5.9p
AUDCHF1.2p1.5p2.8p4.7p
AUDJPY2.0p2.8p4.4p7.3p
AUDNZD1.7p2.6p3.7p6.7p
EURAUD2.2p3.1p6.2p12p
GBPAUD2.8p4.0p7.5p14p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus AUDUSD closed the hour lower in 20 of 36 cases · median -1.1p n=36 live
Miss below consensus AUDUSD closed the hour higher in 18 of 33 cases · median +0.4p n=33 live
In line within the surprise band AUDUSD closed the hour lower in 35 of 57 cases · median -1.6p n=57 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toAUDUSD 1h
Sep 2, 202653.250.653.6—-3.8p—
Aug 4, 202653.658.950.5—-2.5p—
Jul 2, 202650.550.448.7———
Jun 2, 202650.748.950.7—-4.1p—
May 4, 202650.748.846.3—+0.1p—
Apr 6, 202646.351.352.8—+1.0p—
Mar 3, 202652.8—56.3—+3.2p—
Feb 1, 202656.3—51.1———
Jan 5, 202651.151.952.8—+1.3p—
Dec 2, 202552.851.752.5—+4.5p—
Nov 4, 202552.55452.4—+3.0p—
Oct 2, 202552.454.755.8—+3.4p—
Sep 2, 202555.853.154.1—+1.2p—
Aug 4, 202554.15151.8—+3.0p—
Jul 2, 202551.850.950.6—-4.8p—
Jun 3, 202550.651.351—+1.2p—
May 4, 20255151.251.6—-10p—
Apr 2, 202551.650.950.8—-6.0p—
Mar 4, 202550.848.551.2—-2.9p—
Feb 4, 202551.252.250.8—+0.1p—
Jan 5, 202550.849.550.5———
Dec 3, 202450.552.151—+1.2p—
Nov 4, 20245151.350.5—+1.3p—
Oct 2, 202450.552.252.5—+0.4p—

Showing the latest 24 of 154 tracked releases.

Reaction = AUDUSD move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
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