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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Leading Index MoM climbed to 0.0% in May 2026
FMPMonthlyReleased May 2026
Australia Leading Index MoM climbed to 0.0% in May 2026, up 0.1% from April's -0.1% reading.
Latest Release
0.000000
Actual
—
Consensus
-0.100000
Previous
Sigmacast Track Record
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).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P/ASX 200 | ▼ Inverse | −0.41 | INDEX | Bearish S&P | → View |
| XAU/USD | ▲ Direct | +0.31 | COMMODITIES | Bullish XAU | → View |
| S&P 500 | ▲ Direct | +0.27 | INDEX | Bullish S&P 500 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Leading Index MoM (Australia) was reported at 0% in May 2026. The reading rose from the previous value of -0.1%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged -0.01%, ranging from -0.1% to 0.1% across 14 releases.
WHY IT MATTERS
The trailing three releases averaged -0.07%, unchanged from the prior three.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P/ASX 200 (Bearish S&P). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU).
WHAT TO WATCH NEXT
The next release is scheduled for June 17, 2026. Same-country events in the next 14 days include Interest Rate Decision (Jun 16) and RBA Rate Statement (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Leading Index MoM - AU
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About Leading Index MoM — Australia
DEFINITION
The Leading Index MoM (Month-over-Month) is a key financial indicator that measures the changes in economic activity and predicts future trends. It is calculated by analyzing a variety of economic data, such as stock prices, consumer confidence, and housing starts, to provide insight into the direction of the economy. This indicator is widely used by investors, businesses, and policymakers to make informed decisions and anticipate potential shifts in the market. A positive change in the Leading Index MoM suggests a growing economy, while a negative change may indicate a potential economic downturn. Overall, the Leading Index MoM is a valuable tool for monitoring and forecasting economic conditions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0 %. Prior reading (Apr 2026): 0 %. Before that (Apr 2026): 0 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P/ASX 200 (Bearish S&P, r=-0.41) — a useful reference for index-focused traders.