Australian Composite PMI (Jan F) 55.7 (Prelim. 55.5)

Newsquawk Staff · 3 Feb 2026, 22:20 UTC

What it means

The Australian Composite PMI came in at 55.7 for January, slightly edging out the preliminary figure of 55.5. This modest beat suggests a continuation of expansion in the economy, which may influence expectations around growth and potential monetary policy adjustments by the RBA, supporting a generally positive sentiment in markets.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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Headlines from our feed, and what the market did next.

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%

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