Australian May Services PMI (final) 52.5 (prior 53.1)

The preliminary and priors for this is here.

Earlier this week we had the manufacturing PMI:

• Australia May Manufacturing PMI, final: 49.7 (prior 49.6)

**

You'll see above some other PMIs, from AiG. All really bad.

Anyway, the Judo/S&P services and composite PMIs have held in expansion in May whicl manufacturing remained in contraction.

Later today we get GDP data from Australia:

• Very weak Australian economic growth expectations cut even further