The Australian Industry Group Performance of Construction Index for July is due at 2330GMT

  • Prior was 39.5

Late last week we got the AIG manufacturing PMI for July, which came in at 42.0 (from 49.6 in June)

And on Monday we got the AIG services index, in at 39.4 in July (down from 41.5 in June)

Poor results from both of these, I expect today’s will be weak again. Its unlikely to impact too much on the AUD, though, analyst chatter is focusing on debate over whether the easing cycle might be over.