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Jumat, 01 Januari 2016

China official manufacturing PMI for December: 49.7 (vs. 49.8 expected)

Some New Year’s Day data from China, Manufacturing PMI (December): 49.7

– expected is 49.8, prior was 49.6

Non-manufacturing PMI: 54.4

– prior was 53.6

The manufacturing PMI is ever so slightly weaker than expected, while the services PMI is a solid beat on the previous month’s result. These should be fairly neutral for the AUD come Monday morning’s forex market reopening for the year.





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