Australia’s private-sector expansion lost momentum in September, with S&P Global’s PMI Services falling from 53.2 to 51.9 and PMI Composite easing from 52.7 to 51.3. Both indices remained above the 50 no-change threshold for a fourth consecutive month, but each signalled the slowest growth in three months. Services new-business growth also moderated to the weakest […]
The post Australia PMI Services Falls to 51.9 as Growth Slows and Price Pressures Rise appeared first on ActionForex.
Last week, markets continued to adjust to expectations of higher U.S. interest rates, keeping U.S. equities under pressure. Gold fell more than 3%, reaching its lowest level since August, while stronger-than-expected U.S. GDP growth helped Read more…
Bank of Japan Deputy Governor Shinichi Uchida said on October 5 in opening remarks at the ECONDAT 2026 Fall Meeting that AI is already influencing the variables central banks use to assess monetary policy. His Read more…
Japan’s services sector lost momentum in September, with PMI Services falling from 52.5 to 51.3, while PMI Composite eased from 53.5 to 52.3. Services activity nevertheless expanded for a fourth straight month, while overall private-sector Read more…