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

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A couple of AUD-relevant data points:

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:

This has been AUD supportive for the session so far.

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