Australian S&P Global Composite PMI Final (Mar) 46.60 vs. Exp. 47 (Prev. 52.4)

The final S&P Global Composite PMI for March came in at 46.60, below the expected 47 and significantly down from the previous reading of 52.4.

Newsquawk StaffPublished 6 Apr 2026, 23:20 UTCOn the live feed at 23:00 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

23:19

US interests and facilities were targeted by airstrikes in Kuwait, according to Fars

23:17

Drone strike reportedly hit US Victoria base in Baghdad, according to Iraqi sources cited by Fars

23:00

Australian S&P Global Composite PMI Final (Mar) 46.60 vs. Exp. 47 (Prev. 52.4)

22:55

Saudi Arabia's Defence Ministry reports intercepting and destroying 7 ballistic missiles targeting its eastern region, with debris from the missiles falling near energy facilities, while damage assessment is underway

22:40

Samsung Electronics (005930 KS) prelim. Q1 (KRW) oper profit 57.2tln (exp. 40.6tln), rev. 133tln (exp. 119.2tln)

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Context

This decline indicates a contraction in economic activity, suggesting weaker demand and potentially impacting monetary policy outlook in Australia. Traders should consider the implications for the AUD and broader market sentiment, as such a miss could raise concerns about growth prospects.

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