China’s Caixin Manufacturing PMI drops to 50.4 in April vs. 49.9 expected
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) fell to 50.4 in April from 51.2 in March, according to the latest data released on Wednesday. Data outpaced the market forecast of 49.9. AUD/USD reaction to China’s PMI data The upbeat Chinese Manufacturing PMI helped the Aussie Dollar maintain its gain, as AUD/USD holds near 0.6400 at … Read more