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Primary economy: Australia economic indicators

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range ± 1.5–3.5% · 7–28-day calibrated zone
Last Updated: 6/23/26
recent path character per horizon · descriptive, not a forecast
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Inversely correlated: S&p Global Manufacturing Pmi (r=-0.94), Employment Change (r=-0.93), Inflation Expectations (r=-0.82), S&p Global Services Pmi (r=-0.75), RBA Non-Rural Commodity Price Index (r=-0.72), RBA Commodity Price Index (r=-0.70), Ai Group Industry Index (r=-0.62), S&P Global Manufacturing PMI (r=-0.61)
As of June 23, 2026, ^AXJO is trading at 8787.00. Our multi-model Sigmanomics forecast for this index generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
medium-term trend: up · 1D · ER 0.04 · trailing 7d
Forecasts generated by Sigmanomics engine. Not financial advice.
The S&P/ASX 200 (^AXJO) is a market index covered by the Sigmanomics analytics platform. The ^AXJO index closed at 8,782.00 on June 23, 2026, reflecting a decline of 0.47% from the previous close of 8,823.40.
Over the past 30 days, the index has experienced a modest uptrend with a rally of 1.31%, ranging between 8,485.20 and 8,983.80. The price currently trades above its 20-day moving average of 8,753.89. The 14-day RSI stands at 51.4, in neutral territory, indicating balanced momentum.
Over the same 30-day window, daily-return volatility was 0.83%, reflecting subdued price variability for this index.
Daily-return volatility of 0.83% is subdued for this index, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. ^AXJO is currently trading 0.32% above its 20-day moving average. Its 14-day RSI reads 51.4, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Jun 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.