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