Australian preliminary PMI from S&P Global for April 2025:
51.7
- prior 52.1
Services 51.4
- prior 51.6
Composite 51.4
- prior 51.6
The big news so far today is this:
- Trump backing away from tariffs, backing away from firing Powell – will it last?
- Trump says he has no plans to Fire Federal Reserve Chair Powell
- Trump says he is going to be very nice to China, they have to make a deal
This article was written by Eamonn Sheridan at www.forexlive.com.