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Australia AIG Services Index fell to 53.7 in November 2019, released December 2019, down 0.5 from October's 54.2 reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
AIG Services Index (Australia) was reported at 53.70 in December 2019. The reading fell from the previous value of 54.20. This is classified as a medium-impact indicator released on a monthly basis.
The trailing three releases averaged 53.13, up from the prior three at 49.17.
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
Same-country events in the next 14 days include Construction Work Done QoQ (May 27) and Inflation Rate YoY (May 27).
Auto-generated from current model state · Refreshes on each release · Last update December 2019.
The AIG Services Index is a widely recognized financial indicator that measures the performance of the services sector in the United States. It provides valuable insights into the overall health and growth of the economy, as the services sector accounts for a significant portion of the country's GDP. This index is based on a monthly survey of purchasing managers in various industries, making it a reliable and timely measure of business activity and sentiment. Investors and policymakers alike rely on the AIG Services Index to make informed decisions and assess the current state of the economy.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Nov 2019): actual 53.7. Prior reading (Oct 2019): 54.2. Before that (Sep 2019): 51.5.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
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| Wednesday, May 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | CPI YoY | 3.5 | 3.5 | 3.50 | Low | ||
| 01:30 | Construction Work Done QoQ | -0.1 | 0.8 | 0.20 | Medium | ||
| 01:30 | CPI MoM | 0.3 | 0.3 | 0.30 | Low | ||
| 01:30 | Inflation Rate YoY | 4.6 | 4.4 | 4.45 | Medium | ||
| 01:30 | Inflation Rate MoM | 1.1 | 0.6 | 0.70 | Medium | ||
| 01:30 | CPI | 102.44 | 103.2 | 103.25 | Low | ||
| Thursday, May 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Capital Expenditure QoQ | -1.7 | 2 | 2.05 | Low | ||
| 01:30 | Household Spending YoY | 6.3 | 5.5 | 5.50 | Low | ||
| 01:30 | Household Spending MoM | 1.6 | -0.6 | -0.60 | Low | ||
| Friday, May 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Housing Credit MoM | 0.6 | 0.5 | 0.50 | Low | ||
| 01:30 | Private Sector Credit MoM | 0.7 | 0.6 | 0.60 | Low | ||
| 01:30 | Private Sector Credit YoY | 8.1 | 8 | 8.00 | Low | ||