Australia's Judo Bank PMIs come in mixed as Services PMI rises, Manufacturing PMI eases

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Australia's Judo Bank PMIs come in mixed as Services PMI rises, Manufacturing PMI eases
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Australia's Judo Bank Purchasing Managers Index (PMI) came in mixed in the early Thursday market session, with a lift in the Services component mixing with an easing in the Manufacturing PMI.

Australia's Judo Bank Purchasing Managers Index came in mixed in the early Thursday market session, with a lift in the Servicescomponent mixing with an easing in the ManufacturingPMI. Judo Bank's March Manufacturing PMI ticked down to 46.8 after the previous month's 47.8, while the Services component rose to 53.5 from the previous 53.1. The Composite March Judo Bank PMI rose to 52.4 from 52.1.

Market reaction AUD/USD stepped into a fresh near-term high as markets head into the Thursday market session, with the pair approaching 0.6600 following a Fed-fueled rally from Wednesday's early lows near 0.6510.

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