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

The Australian Composite PMI came in at 55.7 for January, slightly edging out the preliminary figure of 55.5.

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Newsquawk Daily Asia-Pac Opening News - 4th February 2026

AMD (AMD) expects to scale AI business to tens of billions of annual sales in 2027 and expects data center unit sales to jump more than 60% a year over the next three to five years

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

Super Micro Computer Inc. (SMCI) Q2 (USD) Adj. EPS 0.69 (exp. 0.49), Revenue 12.70bln (exp. 10.42bln)

New Zealand Labour Costs Index QoQ (Q4) Q/Q 0.4% vs. Exp. 0.5% (Prev. 0.5%, Low. 0.4%, High. 0.6%)

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Context

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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