S&P Global Composite PMI (AUD) comes in at 52.7
| Pair | Now | Since publish |
|---|---|---|
| AUDUSD | — | — |
The S&P Global Composite PMI for Australia was released at 52.7. This figure follows the previous month’s reading of 53.2. No consensus figure was available for comparison.
Market reaction in the 15 minutes following the release showed varied movement across AUD pairs. AUDCAD moved -3.3 pips, AUDCHF moved -1.3 pips, AUDJPY moved +1.5 pips, AUDNZD moved -4.4 pips, and AUDUSD moved -3.0 pips. EURAUD moved +4.4 pips and GBPAUD moved +4.8 pips. These initial movements are generally smaller than the median 1-hour moves observed after past releases. For example, AUDCAD typically sees a median 1-hour move of 3 pips, AUDCHF 3 pips, AUDJPY 4 pips, AUDNZD 4 pips, and AUDUSD 3 pips. EURAUD has a median 1-hour move of 5 pips, and GBPAUD typically moves 7 pips over one hour after past releases. Directional reliability statistics are not available for this event.