Australian S&P Global Services PMI Flash (Jan) 56.0 (Prev. 51.1)
The Australian S&P Global Services PMI Flash for January came in at 56.0, a significant increase from the previous reading of 51.1, indicating a robust expansion in the services sector.
US President Trump, on the Fed Chair, says he is done with interviews and has someone in mind
Newsquawk Daily Asia-Pac Opening News - 23rd January 2026
Australian S&P Global Services PMI Flash (Jan) 56.0 (Prev. 51.1)
US House passes package of FY26 funding bills in a major step towards averting government shutdown on Jan 31st; sending to Senate for final votes
US President Trump, on Iran, says they have a big force going towards Iran; watching Iran very closely and would rather not see something happen on Iran; will be doing a 25% secondary tariff on Iran
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This sharp rise suggests stronger economic activity, which may influence expectations for monetary policy adjustments by the Reserve Bank of Australia. Traders should watch for potential upward pressure on AUD and implications for inflation outlooks as this data supports growth sentiment.
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