Data from the Australia Industry Group
- Prior was 51.4
- New orders 51.9 vs 52.9 prior
- Employment 56.4 vs 53.1 prior
- Wages 57.5 vs 59.3 prior
The chart speaks for itself: There has been a great comeback from the April bottom.
Mitsubishi UFG is out with a bullish call on AUD this week.
