Services PMI. Australia, 01:00 (GMT+2)

At 01:00 (GMT+2), Australia is set to release its March Business Activity Index, derived from a survey of approximately 300 executives from the national private sector. Each response is weighted according to the size of the company and its contribution to overall output or services, with adjustments made for the specific subsector. The index provides a timely gauge of business sentiment and operational momentum, offering market participants valuable insights into economic activity and potential implications for currency and financial markets. The value is likely to fall from 52.2 points to 46.6 points, exerting pressure on the national currency’s quotes.

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