RatingDog Manufacturing PMI pushing AUD higher.
Just the data this post.
I’ll have more to come on this separately, details and implications.
Added: China private PMI beats forecast, longest upturn in five years. AUD support.
Background:
China Caixin PMI preview: private survey seen edging up to 51.0 after NBS beatExplainer: China’s four PMIs, why they don’t always agree, and how to trade them
Yesterday:
China official August Manufacturing PMI 49.8 (expected 49.7, prior 49.2)
This article was written by Eamonn Sheridan at investinglive.com.