Heads up for the China official Manufacturing Purchasing Managers Index (PMI) for July, due at 0100GMT
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The economic news has been better from China of late. It hasn’t stopped the AUD from falling, though.
A good result today from the PMIs (the official one at 0100GMT and then the HSBC follows at 0145GMT) may well give the AUD a lift … but the sellers are waiting on bounces. Initial resistance 0.9305/15 (close to where we are now), then 0.9320/25 and 55/65
