Australian service sector activity looking ill: Another horrible services PMI print has just been released in Australia with the AIG performance of services...

David Scutt

Scutt Partners

Australian service sector activity looking ill: Another horrible services PMI print has just been released in Australia with the AIG performance of services index rising 0.2pts to 43.8 in November. While an improvement, the gauge sits well below the 50 level that separates expansion with contraction with the 6-month trend looking decidedly ill considering where it was midway through the year. (VIEW LINK)


David Scutt
David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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