China PMI misses expectations, 2nd time this week

FXstreet.com (Barcelona) - China's NBS Manufacturing PMI came at 51.1 in September vs 51.5 exp and 51.0 in August. The release follows a downward revision on the Chinese HSBC PMI yesterday.

Oct 1, 2013

China NBS Manufacturing PMI improves to 51.1 in September from 51

AUD/USD bounces off 0.93, bearish below 0.9350

AUD/USD remains heavily offered heading into today's RBA rate decision, with the selling pressure accelerating just minutes before a downbeat release on China's PMI number, which came at 51.1 v 51.6, a 0.5bp miss which adds to the 1bp miss from the China HSBC PMI yesterday.