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China PMIs all miss and lower than previous month - AUD falling

Eamonn Sheridan
30/04/2019 | 01:12 GMT

The official China PMIs for April 2019 were soft, details here:

  • China April official Manufacturing PMI: 50.1 (expected 50.5)
  • China April official Services PMI: 54.3 (expected 55.0)

The Australian dollar was marked lower and has not shonw much of a bounce. With China out for the rest of the week after today the move looks likely to extend, or at least rallies to be sold into:

The official China PMIs for April 2019 were soft, details here:
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