Image

Economic calendar in Asia Monday, May 5, 2025 – information due from Australia and Singapore

The data from Australia and Singapore is marked as lower-tier only.

Note that the Australian PMIs are not sponsored by Judo Bank any more, they are the S&P Global PMIs for now. Last week we got the final manufacturing PMI for April:

Today it’s the Services and Composite PMIs for that month.

The TD-MI Inflation Gauge listed is a privately surveyed CPI measure. It can be a little volatile and have divergence from the official monthly CPI, but it’s a useful first look and the month’s price pressures. Its probably not going to be too much of a focus today, Australia is digesting the re-election of the incumbent government with a bigger majority. Pundits are calling it a ‘landslide’ victory.

Via BBC:

  • Albanese’s centre-left government will dramatically increase its majority after the conservative Liberal-National coalition suffered a thumping defeat nationwide.
  • Coalition leader Peter Dutton, who lost his own seat of 24 years, said he accepted “full responsibility” for his party’s loss and apologised to his MPs.

Opposition leader Dutton was compared to Trump by many in Australia during the election campaign, an accusation he had trouble shaking off. He has done so now, though, taking responsibility for the loss.

AUD/USD is showing circa 0.6441 in VERY early trade, little changed from its NY closing level on Friday.

This snapshot from the ForexLive economic data calendar, access it here.

The times in the left-most column are GMT.

The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

Later this year,
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.

SHARE THIS POST