Australia S&P Global Composite PMI above forecasts (50.1) in April: Actual (50.4)

May 5, 2026

Australia S&P Global Services PMI came in at 50.7, above forecasts (50.3) in April

EUR/USD edges lower below 1.1700 as Iran-UAE conflict boosts US Dollar

The EUR/USD pair trades in the negative territory around 1.1690 during the early Asian session on Tuesday. The Euro (EUR) weakens against the US Dollar (USD) amid rising tensions in the Middle East after Iran attacked the United Arab Emirates (UAE).