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Australia MI Leading Index MoM

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Australia MI Leading Index MoM

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Nov 16, 2021
Actual
0.2%
Previous
0.0%
The Westpac/Melbourne Institute (MI) Leading Index is a composite index based on nine economic indicators, which is designed to predict the direction of the economy.The data is compiled from economic indicators related to consumer confidence, housing, stock market prices, money supply, and interest rate spreads. The report tends to have a muted impact because most of the indicators used in the calculation are released previously.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Industry Group
Australia MI Leading Index MoM
 
Release Date Time Actual Forecast Previous
Nov 17, 2021 10:30 0.2%   0.0%
Oct 20, 2021 10:30 0.0%   -0.3%
Sep 22, 2021 11:30 -0.3%   -0.1%
Aug 18, 2021 11:30 -0.1%   -0.1%
Jul 21, 2021 11:30 -0.1%   0.1%
Jun 16, 2021 11:30 -0.1%   0.2%

News

ASX Starts the Week Higher as Gold Lifts Mining Stocks
ASX Starts the Week Higher as Gold Lifts Mining Stocks By Investing.com - Nov 15, 2021

By Oliver Gray Investing.com - The S&P/ASX 200 added 29.70 points or 0.40% to 7,472.70 in Monday’s morning deals, following a slight decline of 0.2% in the previous week as investors moved away from...

ASX 200 Closes Lower As Earnings Roll On
ASX 200 Closes Lower As Earnings Roll On By Investing.com - Aug 18, 2021

By Oliver Gray Investing.com - The S&P/ASX 200 fell 8.9 points or 0.12% to 7502.1 on Wednesday, extending declines of 0.94% in the previous session as mining stocks weighed down the market as...

ASX Closes 0.78% Higher; Retail Sales Fall
ASX Closes 0.78% Higher; Retail Sales Fall By Investing.com - Jul 21, 2021 1

By Oliver Gray Investing.com - The S&P/ASX 200 added 56.5 points or 0.78% to 7308.7 on Wednesday,  easing from a 1.4% gain in early trade and rebounding from 7-week lows touched in the previous...

Analysis

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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was another active day in the foreign-exchange market with the greenback, sterling and Canadian dollar experiencing wild...

MI Leading Index (MoM) Discussion

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