Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
3 July 2025 | Other

Australia's services PMI rises to 51.8 in June

AUDJPY
AUDCAD
AUDUSD
GBPAUD
EURAUD
Australia's services PMI rises to 51.8 in June

According to S&P Global, Australia's seasonally adjusted services PMI surged to 51.8 in June, up from 50.6 in May. The pace of expansion was the strongest since May 2024.

These figures were released ahead of the Reserve Bank of Australia's (RBA) meeting on July 7–8. Experts at S&P Global believe the central bank will probably cut rates for the third time this year in response to slowing consumer price growth.

S&P Global said that stronger demand in Australia’s services sector boosted business activity and job gains in June. This improvement offset weak performance in the country’s manufacturing sector.

Meanwhile, Australia’s exports declined due to worsening global trading conditions.

Anton Volkov MarketCheese

Recommended

Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -19K to -18.8K
16 January
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from -30.5K to -25.3K
16 January
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -40.6K to -42.3K
16 January
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 8.8K to -45.2K
16 January
United Kingdom. Trade Balance. The value of the indicator has increased from -24.17B to -23.71B
15 January
Top news
European Union. Trade Balance. The value of the indicator has decreased from 17.9B to 9.9B
15 January
United States. Retail Sales (MoM). The value of the indicator has increased from -0.1% to 0.6%
14 January
United States. CPI (YoY). The value of the indicator remained at the same level of 2.7%
13 January
United States. Nonfarm Payrolls. The value of the indicator has decreased from 56K to 50K
9 January
United States. Unemployment Rate. The value of the indicator has decreased from 4.5% to 4.4%
9 January
All news

Forecasts

Gold buy
Period: 31.03.2026 Expectation: 23000 pips
Holding on to gold for long term
FA Other Chart analysis
16 January 2026 55
McCarthy_Raymond
AUDCAD buy
Period: 30.01.2026 Expectation: 1000 pips
AUDCAD climbs higher after exiting flat trend
FA Other Indicators Chart analysis
16 January 2026 30
Tom_Kern
GBPUSD sell
Period: 23.01.2026 Expectation: 1060 pips
GBPUSD pushed lower by later Fed cut timeline
FA Other TA Other Technical analysis Indicators Fundamental analysis
16 January 2026 21
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 31.01.2026 Expectation: 200 pips
Brent crude selloff targets $62.50
FA Other Chart analysis
16 January 2026 23
McCarthy_Raymond
Brent sell
Period: 23.01.2026 Expectation: 125 pips
De-escalated geopolitical tensions send Brent prices into correction
FA Other Indicators and reports Technical analysis Indicators Fundamental analysis
16 January 2026 19
Emily_Foster
GBPUSD sell
Period: 28.02.2026 Expectation: 1250 pips
Selling GBPUSD down to 1.3275
Indicators and reports Chart analysis
16 January 2026 16
McCarthy_Raymond
Go to forecasts