China PMI numbers for Feb: Both Manufacturing and Non-Manufacturing beat expectations By ross_burland China AUDUSD
AUD/USD Price Analysis: Bulls look to blow out consolidation’s range of 0.7255-0.7268
Lower economic activity due to the Lunar New Year likely was expected to weigh on the PMis in Feb as factories shut for the holidays and workers return to their hometowns, analysts at TD Securities explained. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has an influence on the global economy, this economic indicator would have an impact on theInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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