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AUD has popped a little on the marginal improvement for China's manufacturing PMI

AUD has popped a little on the marginal improvement for China's manufacturing PMI
A couple of AUD-relevant data points:China official July Manufacturing PMI 49.3 (vs. expected 49.2) & Services 51.5Australian data - June Private Sector Credit +0.2% m/m (expected 0.4%, prior 0.4%)The headline to this post could well be a bit of a stretch, yes the manufacturing PMI improved a touch. But its still in contraction and the non-manufacturing PMI dropped on the month. The manufacturing PMI has been under 50 now for 4 straight months. Perhaps there will be a boost for China alter:China... Read More
Posted: Jul 31 2023, 01:41
Author Name: forexlive
Views: 102047

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