Financial News: Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

06/02/2026 - 18:02:00 (RTTNews)

(RTTNews) - Australia will on Wednesday release Q1 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity.

GDP is expected to rise 0.5 percent on quarter and 2.7 percent on year after gaining 0.8 percent on quarter and 2.6 percent on year in the three months prior.

Australia also will see April numbers for private sector credit and May results for the services and composite PMIs from S&P Global, and for the manufacturing and construction indexes from AiG.

Private sector credit is expected to rise 0.6 percent on month, easing from 0.7 percent in March. The services and composite PMIs were at 50.7 and 50.4, respectively, in April. The manufacturing and construction indexes had scores of -27.9 and -19.3, respectively.

New Zealand will provide April figures for building consents and Q1 data for terms of trade. In March, consents were down 1.3 percent on month. Terms of trade are expected to sink 1.2 percent on quarter after rising 3.7 percent in the previous three months.

Japan will see May results for the services and composite PMIs from S&P Global; in April, their scores were 51.0 and 52.2, respectively.

Finally, the markets in South Korea (Election Day) and Thailand (Queen Suthida's birthday) are closed on Wednesday and will return to trade on Thursday.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Manufacturing PMI Improves In June - S&P Global (01 hr(s), 0 min(s),06 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, and at a faster rat ...Full Story»

Singapore, Hong Kong To Release Inflation Data (02 hr(s), 13 min(s), 06 sec(s) ago)
(RTTNews) - Singapore will on Tuesday release May numbers for consumer prices, highlighting a mode ...Full Story»

South Korea Consumer Confidence Improves In June - BoK (02 hr(s), 15 min(s), 06 sec(s) ago)
(RTTNews) - Consumer confidence in South Korea ticked higher in June, the Bank of Korea said on Tu ...Full Story»

Turkey Consumer Confidence Rises To 37-month High (15 hr(s), 42 min(s), 06 sec(s) ago)
(RTTNews) - Households in Turkey remained less pessimistic in June, and the confidence rose to the ...Full Story»

Poland Producer Price Inflation Hits 3-year High; Retails Sales Growth Improves (15 hr(s), 58 min(s), 06 sec(s) ago)
(RTTNews) - Poland's producer prices increased at the fastest pace in three years, while retai ...Full Story»

China Holds Key Rates As Expected (17 hr(s), 0 min(s),06 sec(s) ago)
(RTTNews) - China held its benchmark interest rates steady for the thirteenth straight month, as w ...Full Story»

Denmark Consumer Confidence Improves In June (17 hr(s), 18 min(s), 06 sec(s) ago)
(RTTNews) - Households in Denmark remained less pessimistic in June, figures from Statistics Denma ...Full Story»

Dutch Consumers Less Pessimistic In June (18 hr(s), 04 min(s), 06 sec(s) ago)
(RTTNews) - Dutch consumers remained less negative in June, marking the largest improvement in con ...Full Story»