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Australia MI Leading Index MoM

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Australia MI Leading Index MoM

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
May 29, 2024
Actual
-0.0%
Previous
-0.1%
The Westpac/Melbourne Institute (MI) Leading Index is a composite index based on nine economic indicators, which is designed to predict the direction of the economy.The data is compiled from economic indicators related to consumer confidence, housing, stock market prices, money supply, and interest rate spreads. The report tends to have a muted impact because most of the indicators used in the calculation are released previously.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Industry Group
Australia MI Leading Index MoM
 
Release Date Time Actual Forecast Previous
Jun 26, 2024 (May) 02:00     -0.0%
May 29, 2024 (Apr) 02:00 -0.0%   -0.1%
Apr 17, 2024 (Mar) 02:00 -0.1%   0.1%
Mar 27, 2024 (Feb) 01:00 0.1%   -0.1%
Mar 27, 2024 00:30 0.1%   -0.1%
Feb 21, 2024 (Jan) 01:00 -0.1%   0.0%

News

Asian stocks creep lower ahead of Fed rate decision
Asian stocks creep lower ahead of Fed rate decision By Investing.com - Sep 20, 2023

Investing.com-- Most Asian stocks fell on Wednesday with markets remaining broadly risk-off before a closely-watched interest rate decision from the Federal Reserve later in the day, while weak...

Analysis

Kathy Lien
Post RBNZ Trades Plus GBP, CAD Opportunities By Kathy Lien - Jun 21, 2017

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was another active day in the foreign-exchange market with the greenback, sterling and Canadian dollar experiencing wild...

Kathy Lien
The USD And What The Fed Didn't Say By Kathy Lien - Nov 18, 2015

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Wednesday's market focus was on the FOMC minutes but the big takeaway from the Fed was not contained in the details of a meeting...

MI Leading Index (MoM) Discussion

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