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Australia's manufacturing PMI held at 49.6 in October, a second month of contraction, with new orders falling at the fastest pace since December 2024. Input costs rose at the quickest rate since June as Middle East shipping delays stretched lead times.
Weak domestic factory demand alongside rising input costs points to softer activity and persistent goods inflation, mixed signals for the Australian dollar with no clear commodity demand impact.
investinglive.comEamonn SheridanNov 1, 2026Not enough comparable past events yet for a historical read.
After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
