Page 27 - Construction Index News Today : Breaking News, Live Updates & Top Stories | Vimarsana

7/5/2021 9:37:49 PM GMT | By Anil Panchal AUD/USD attacks the upper end of nearby trading range. Virus woes get firmer with another virus strain, from California, marking resistance to vaccines. RBA is expected to review bond yield target, interest rate, Orr’s comments will be the key. US traders return after a long weekend, ISM Services PMI adds to the watcher’s list. AUD/USD seesaws around the week-start levels, teasing resistance of a 30-pips range, as traders brace for an important day carrying the Reserve Bank of Australia (RBA) monetary policy...

7/5/2021 7:32:02 PM GMT AUD/USD Current Price: 0.7533 RBA’s Governor Lowe is set to offer an unusual press conference after the decision. Australian data came in mixed but was overall encouraging. AUD/USD is technically neutral-to-bullish ahead of the event. The AUD/USD pair is hovering around 0.7530, unchanged from its previous daily close. Mixed Australian data released at the beginning of the day was mostly encouraging, as the AIG Performance of Construction Index printed at 55.5 in June, below the previous 58.3, while the Commonwealth Bank Services PMI improved to 56.8 in the same month...

Date Time Australian PCI: Construction expansion hit with high prices and capacity squeeze The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by a further 2.8 points to 55.5 in June, trending lower after hitting a record high in March (readings above 50 indicate expansion in activity, with higher results indicating a faster expansion). Current activity in housing, engineering and commercial construction remained strong in June (trend), but the deceleration from recent highs confirms that growth rates are slowing. Ai ...

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The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 0.8 points to 58.3 in...