Australia Private-Sector Sustains Expansion in May: PMI Report

Australia's private-sector expansion was sustained in May, supported mainly by service-sector growth and a flush of new business, reported S&P Global on Thursday, citing its monthly survey.

MT Newswires05:06 ET

Japan Flash PMI Signals Private-Sector Pickup -- Market Talk

0839 GMT - Japan's private-sector activity seems to be on the mend, with a flash PMI gauge showing the fastest growth in nine months. The au Jibun Bank flash composite PMI rose to 50.5 in May from 49.

WSJ04:39 ET

Australia's Business Activity Accelerates in May, But Growth Eases to Three-Month Low

Business activity in Australia's private sector expanded further in May, albeit at a slower pace, with manufacturing output reaching an eight-month high and the services sector sustaining its growth, according to preliminary readings from S&P Global and Judo Bank's monthly purchasing managers' index data.

MT Newswires01:50 ET

Australian Dollar Rebounds Due to Improved Risk Appetite

The Australian Dollar (AUD) halts its three-day losing streak on Thursday, possibly driven by the improved risk appetite. However, the Aussie Dollar came under pressure following the Consumer Inflation Expectation, released by the Melbourne Institute. Consumer expectations of future inflation over the next 12 months fell to 4.1% in May from 4.6% in April, marking the lowest level since October 2021.

FXStreet23:01 ET

Australian Flash PMI Data Points to Resilience in Economy, Stubborn Inflation

Australia's economy continues to register a clear and detectable pulse, with purchasing managers' index data for May remaining firmly in expansionary territory.

WSJ20:27 ET

Steady, Widening Service Price Rises May Spur BOJ Hike

Service prices, a key component of Japan’s inflation data, are sustaining momentum, adding to the case for the Bank of Japan to take another step before too long toward policy normalization.

Yahoo Finance19:46 ET