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Australia S&P Global Manufacturing PMI fell to 49.8 in March 2026, down 1.2 from February's 51 reading. The reading matched the 50.1 consensus.
across last 12 releases
Mar 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P/ASX 200 | ▼ Inverse | −0.61 | INDEX | Bearish S&P | → View |
| XAU/USD | ▼ Inverse | −0.50 | COMMODITIES | Bearish XAU | → View |
| AUD/NZD | ▲ Direct | +0.48 | FOREX | Bullish AUD | → View |
| USD/JPY | ▲ Direct | +0.31 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The March 2026 reading fell from the previous value of 51. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.39. Historically, this indicator is negatively correlated with S&P/ASX 200 (Bearish S&P) and negatively correlated with XAU/USD (Bearish XAU).
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