At 00:00 (GMT+2), preliminary data on Manufacturing and Services business activity indices in Australia for October will be released. The indicators reflect the state of business activity in the national manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading national enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. The Manufacturing PMI is expected to fall from 51.4 points to 51.0 points, and the Services PMI — from 52.4 points to 51.8 points. The implementation of the forecast can put pressure on the Australian currency.
