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Australia AIG Manufacturing Index

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Australia AIG Manufacturing Index

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Delivery Method

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Status

 
Latest Release
Oct 01, 2024
Actual
-33.6
Previous
-30.8
The Australian Industry Group (AIG) Manufacturing index rates the relative level of business conditions in the sector. The data is based on a survey of about 200 manufacturers. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

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 Manufacturing Index
 
Release Date Time Actual Forecast Previous
Oct 01, 2024 (Sep) 19:00 -33.6   -30.8
Sep 03, 2024 (Aug) 19:00 -30.8   -19.5
Aug 06, 2024 (Jul) 19:00 -19.5   -26.5
Jul 02, 2024 (Jun) 19:00 -26.5   -31.1
Jun 04, 2024 (May) 19:00 -31.1   -13.9
Apr 30, 2024 (Apr) 19:00 -13.9   -7.0

News

Analysis

Kenny Fisher
Aussie Range Trading Continues By Kenny Fisher - Feb 05, 2021 1

The Australian dollar has been in calm waters all week, as the pair has not veered much from the 0.76 level. Currently, AUD/USD is trading at 0.7618, down 0.24% on the day.Retail sales slip in...

AIG Manufacturing Index Discussion

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All Comments (5)
Money Train
Money Train Feb 01, 2015 5:38PM ET
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AUD/USD ... Up And Up I guess
Daniel MacDuff
Daniel MacDuff Jan 04, 2015 2:39PM ET
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what is the word on AUD today ?
Malik Hassan
Malik Hassan Jun 01, 2014 7:12PM ET
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befor week this pair shown a good reasult but now this pair on your risk.
Lim Kaiser
Lim Kaiser Jun 01, 2014 8:35AM ET
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my take is AUD long as China's PMI shows good results. It may not be right so Long or Short at your own risk.
Mustii AI
Mustii AI Mar 31, 2014 6:19PM ET
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any thoughts?
 
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