Australia data - AiG manufacturing PMI, January: 58.7 (prior 56.2)

Earlier today we got the CBA / Markit PMI

• Australia - CBA / Markit manufacturing PMI for January: 55.4 (prior 57.1)

This now is the Australian Industry Group survey now. For January comes in at 58.7

• prior 56.2

Improvements pretty much across the board in sub measures.

Expect for employment, which fell 0.7 of a point to still expansionary 52.1

• Average wages were lower also, down 1.1 points to a strong expansionary 59.1

Other falls,

• Input prices down 1.1 points to 69.7
• Selling prices (average) down 4.2 points to contractionary 49.2

---

Still to come from Australia today;

2300 GMT - Australia - CoreLogic house prices for January, prior -0.4% m/m

0030 GMT - Australia - Q4 price indexes for imports and exports

• Imports expected +1.5% q/q, prior -1.6%
• Exports expected +2.0% q/q, prior -3.0%

0030 GMT - Australia - Building permits data for December

• expected -7.6% m/m, prior +11.7% (this is a volatile data set!)
• expected +11.5% y/y, prior +17.1%

The building approvals data can be a bit of a market mover.

• Australia building approvals data for December due today - previews

Join the conversation in our new Telegram group