Australian Services PMI (Jan F) 56.3 (Prelim. 56.0)

The final reading of Australia's Services PMI for January came in at 56.3, slightly ahead of the preliminary estimate of 56.0.

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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 Services PMI (Jan F) 56.3 (Prelim. 56.0)

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This suggests robust growth in the services sector, reinforcing the positive momentum seen in recent economic data. As a result, this could bolster expectations for continued supportive monetary policy and appetite for risk assets.

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