Australia’s S&P Global Services PMI beats estimates: Here's what it means for AUD/USD

The final reading of Australia's S&P Global Services PMI came in at 48.7 in May, compared to 50.7 in the previous reading, the latest data published by S&P Global showed on Wednesday. This figure came in better than the estimates of 47.7.

Australia’s S&P Global Services PMI beats estimates: Here's what it means for AUD/USD
The final reading of Australia's S&P Global Services PMI came in at 48.7 in May, compared to 50.7 in the previous reading, the latest data published by S&P Global showed on Wednesday. This figure came in better than the estimates of 47.7.

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