Australian S&P Global Manufacturing PMI Final (Apr) 51.3 (Prev. 49.8)
The final reading for Australia's S&P Global Manufacturing PMI for April improved to 51.3 from 49.8, indicating a return to expansion in manufacturing activity.
Ukrainian Envoy to Japan tells Reuters that Ukraine is seeking supply of military equipment from Japan after the easing of weapons-exports rules
PRE-MARKET AUSTRALIAN AND JAPANESE STOCK NEWS: ANZ beats profit estimates, Regis expects EBITDA at top end of guidance, Tokyo Electron highlights chip market volatility
Australian S&P Global Manufacturing PMI Final (Apr) 51.3 (Prev. 49.8)
New Zealand Building Permits MoM (Mar) M/M -1.3% (Prev. 2.7%)
USTR Greer says he suggested a US-China Board of Trade in his meeting with Chinese VP He Lifeng
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- “After March PMI data had highlighted the initial impacts of the war in the Middle East, the April figures highlight an intensification in those effects. The price and availability of fuel is of particular concern, with disruption to supplies feeding through to much more pronounced input cost increases and supply-chain delays compared to March."
However, the report highlights ongoing challenges, particularly regarding fuel supply disruptions and rising input costs, likely elevating inflation concerns and impacting policy outlooks moving forward.
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