What a huge data dump in the past half hour or so:
- Australia Q1 Capex, "headline" is 0.3% (vs. expected +0.5%)
- Australia - April retail sales: 1.0% m/m (expected +0.3%)
- China Caixin manufacturing PMI: 49.6 (expected 50.1)
And mixed in there too was John Williams of the San Fran Federal Reserve ... part of what he said was:
- three rate increases for this year his base line view, four hikes possible if US economy strengthens
Four rate hikes this year! ... Rubbish (IMO) ... but there you go!
Anyway, the capex data was OK, and the retail sales was a solid beat indeed
BUT
China PMI is very poor - this is the private survey
I was surprised by the official China PMI yesterday, and a wee bit suspicious too ... and sure enough the resilience in those two has not been confirmed by the Caixin / Markit data just a few minutes ago
AUD/USD .... sliding away:
AUD/USD hitting new session lows. Poor China PMI>capex, retail sales
AUD/USD hitting new session lows. Poor China PMI>capex, retail sales
http://www.forexlive.com/feed/news
$inline_image !!! CLICK HERE TO READ MORE !!! AUD/USD hitting new session lows. Poor China PMI>capex, retail sales Forex Blog | Free Forex Tips | Forex News http://www.forextutor.net/audusd-hitting-new-session-lows-poor-china-pmicapex-retail-sales/
Nessun commento:
Posta un commento