AUD News

The manufacturing sector in Australia is continuing to expand in April, and at a faster pace, Friday's flash estimate from Markit Economics revealed on Friday with a survey record manufacturing PMI score of 59.6.

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Australia's gross domestic product climbed a seasonally adjusted 1.8 percent on quarter in the first three months of 2021, the Australian Bureau of Statistics said on Wednesday.

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Consumer confidence in Australia softened in June, the latest survey from Westpac Bank and the Melbourne Institute showed on Wednesday with an index score of 107.2.

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The manufacturing sector in Australia continued to expand in June, albeit at a slower pace, the latest survey from Markit Economics revealed on Wednesday with a manufacturing PMI score of 58.4.

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The services sector in Australia fell hard into contraction territory in July, the latest survey from Markit Economics revealed on Friday with a 14-month low services PMI score of 44.2.

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The Australian Dollar found support from a yield uptick on RBA inaction, but commodity weakness kept a lid on it. Will yield or commodities drive AUD/USD?

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The wage price index in Australia was up 2.2 percent on year in the third quarter of 2021, the Australian Bureau of Statistics said on Wednesday.

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Australia's central bank left its key interest rate and bond purchase programme unchanged on Tuesday.

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November had a merchandise trade surplus of A$9.423 billion in November, the Australian Bureau of Statistics said on Tuesday.

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The unemployment rate in Australia was a seasonally adjusted 4.2 percent in January, the Australian Bureau of Statistics said on Thursday - in line with expectations and unchanged from the previous month.

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