Australian S&P Global Services PMI Final (Apr) 50.7 vs. Exp. 50.3 (Prev. 46.3)

The final reading of the Australian S&P Global Services PMI for April came in at 50.7, surpassing expectations of 50.3 and marking a notable increase from the previous month's 46.3.

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US State Department official to Al Jazeera says the President is clear that direct communication between Israel and Lebanon is the best path toward peace; We are working to prepare the necessary conditions and political momentum to move forward with this

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Australian S&P Global Services PMI Final (Apr) 50.7 vs. Exp. 50.3 (Prev. 46.3)

UNSC resolution prepared by the US, Saudi Arabia, Bahrain, Qatar, the UAE, and Kuwait opens the door for potential enforcement measures, AsharqNews reports citing the resolution "to be distributed tomorrow"

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This suggests a rebound in service sector activity, which could lift sentiment around Australia's economic recovery, potentially impacting monetary policy outlook and forex valuations positively for the AUD.

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