Australian service sector survey from CBA

  • Prelim was 50.8
  • Prior was 52.4
  • Composite index 50.0 vs 50.7 prelim
  • Prior composite 52.0

The is some talk about a looming pickup in the Australian economy but there's nothing in today's data that points in that direction. The highlight later is the RBA decision at 0330 GMT. No change is expected but the commentary will be market moving.