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Australia's S&P Global services PMI fell to a seven-month low of 48.5 in October, below the neutral 50 line. The Ai Group manufacturing index dropped 13.4 points to -20.1, and the Australian dollar weakened to around $0.70.
Contracting Australian activity points to softer domestic demand and a weaker currency, which slightly lowers Australian export prices in USD terms for feed buyers.
tradingview.comTradingViewNov 4, 2026Not enough comparable past events yet for a historical read.
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.
