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CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the European session on Wednesday, following the disappointing release of flash PMIs, which revealed a slowdown in services activity and a contraction in the manufacturing sector.Data from S&P Global showed that th…
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Australian shares rose 17 points or 0.2% to 8,775 on Wednesday morning, extending prior gains after Wall Street hovered near record highs overnight as oil prices eased on progress toward ending the war with Iran. Focus turned to Thursday’s summit between Trump and Xi Jinping, with hopes for signs of progress on trade d
Australian Services PMI Flash Actual 51.4 (Forecast -, Previous 53.2)
Australian Services PMI Flash
Australian equities rose 37 points or 0.4% to 8,769 in early Tuesday trade, snapping two sessions of muted moves as Wall Street’s overnight rally lifted sentiment amid softer oil prices and easing U.S. Treasury yields. Optimism was also supported by prospects of Middle East talks at the UN and upcoming U.S.—China meeti
Australian Services PMI Flash
Australian stocks fell 6 points, or 0.4%, to 9,040 Tuesday morning as Wall Street closed lower overnight on rising oil prices and U.S.-Iran clashes.
Australian shares inch lower near 9,071 around midday on Friday and are set for a second straight weekly decline after Wall Street losses tied to higher long-dated U.S. Treasury yields.
Australia’s Services PMI Flash reports an actual reading of 52.9, down from the previous 53.6; no forecast figure was provided.
Australia’s Services PMI is issued as a flash release, providing the latest read on services-sector activity with no additional figures or explanation supplied.
A flash alert reports an Australian Services PMI release Pro, but provides no figures, prior/consensus comparison, or catalyst in the feed text.
Australian Services PMI Flash Actual 53 (Forecast -, Previous 50.5)
Australian Services PMI Flash
Australian Services PMI Flash