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Australia AIG Services Index

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Australia AIG Services Index

Frequency

Delivery Method

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Status

 
Latest Release
Dec 06, 2022
Actual
45.6
Previous
47.7
The Australian Industry Group (AIG) Services Index rates the relative level of business conditions among service-based companies. On the index, a reading above 50 indicates industry expansion, below indicates contraction.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Industry Group
Australia AIG Services Index
 
Release Date Time Actual Forecast Previous
Dec 06, 2022 (Nov) 16:30 45.6   47.7
Nov 07, 2022 (Oct) 16:30 47.7   48.0
Oct 09, 2022 (Sep) 16:30 48.0   53.3
Sep 06, 2022 (Aug) 17:30 53.3   51.7
Aug 04, 2022 (Jul) 17:30 51.7   48.8
Jul 06, 2022 (Jun) 17:30 48.8   49.2

News

Analysis

Kathy Lien
Will Brexit Spoil GBP and More FX Risk Aversion Ahead?   By Kathy Lien - Dec 10, 2018

The last month of the year kicked off with a bang but not in the way that many of us would have hoped.Equity markets sold off across the globe and in the world of currencies, the US and Australian...

Kathy Lien
USD Strength And CAD's Meltdown By Kathy Lien - Dec 05, 2018

Daily FX Market Roundup 12.05.2018.By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After Tuesday’s nearly 800 point drop in the Dow, investors feared the worst for...

Kathy Lien
10 Reasons Why December Will Be Rocky For FX   By Kathy Lien - Dec 03, 2018

November was a volatile month for US equities but this volatility did not translate into big moves for currencies. Unlike the Dow, which had a 3,200-point swing, trading ranges for pairs like the...

AIG Services Index Discussion

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