Breaking News

Australia MI Leading Index MoM

Latest Release

Dec 18, 2024

Actual

0.1%

0.2%

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

Release Date	Time	Actual	Previous
Dec 18, 2024 (Nov)	11:00	0.1%	0.2%
Nov 20, 2024 (Oct)	11:00	0.2%	0.0%
Oct 16, 2024 (Sep)	11:00	0.0%	-0.0%
Sep 18, 2024 (Aug)	12:00	-0.1%	0.0%
Aug 21, 2024 (Jul)	12:00	-0.0%	0.0%
Jul 17, 2024 (Jun)	12:00	0.0%	0.0%

News

Global market update: APAC shares to rise modestly, US yields tick higher By Investing.com - Oct 18, 2023

Investing.com - Asian-Pacific markets are set for a slight rise at the start of Wednesday's trading. However, Wall Street witnessed a dip in share prices as tech companies, led by Nvidia, took a...

Asian stocks creep lower ahead of Fed rate decision By Investing.com - Sep 20, 2023

Investing.com-- Most Asian stocks fell on Wednesday with markets remaining broadly risk-off before a closely-watched interest rate decision from the Federal Reserve later in the day, while weak...

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...

Analysis

Australian dollar steps on yuan trapdoor By David Llewellyn-Smith - Aug 17, 2022

DXY held its gain last night: AUD held its losses:Oil is not well:Metals did a bit better:Mining (LON:GLEN) popped. Meh:EM stocks (NYSE:EEM) are trying:But junk (NYSE:HYG) has stalled:The US...

Australian dollar jumps for Fed concrete ceiling By David Llewellyn-Smith - May 18, 2022

It would probably be more accurate to say that the DXY rocket is taking a breather: CNY bounced:The rest writes itself. AUD, commodities and (NYSE:EEM) up: But credit (NYSE:HYG) is lagging,...

US dollar steamrolls AUD By David Llewellyn-Smith - Apr 20, 2022

DXY is up and away now and with twenty year highs in its sights: The AUD held on but the pressure is mounting. JPY is a falling meteor until risk buckles:Commodities mostly fell: EM stocks...

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