China's Caixin Manufacturing PMI jumps to 50.3 in October vs. 49.7 expected
Tags:Forex
Trending Articles- Gold Price Forecast: Oil Price Breaking $100 Fuels Inflation Concerns, Will Gold Prices Fall Further?
- Gold Price Trend Forecast: Expectations of Easing US-Iran Tensions Boost Gold Prices, $4,070 Becomes Key Level for Bulls and Bears
- Gold rallies to over two-week high, eyes $4,150 as traders track US-Iran diplomacy efforts
- Euro declines to near 1.1400 as US launches fresh strikes on Iran
- Tesla Q2 Earnings Preview: Record Deliveries Fail to Hide Profit Pressure, Can Musk Rely on AI and Autonomous Driving to Unlock New Growth Space?
- WTI climbs above $87.00 as Middle East conflict threatens key choke points
Source: DepositPhotos
China's Caixin Manufacturing Purchasing Managers' Index (PMI) jumped to 50.3 in October after recording 49.3 in September, the latest data showed on Friday.
The market forecast was for a 49.7 figure in the reported month.
AUD/USD reaction to China’s PMI data
At the time of writing, AUD/USD is trading 0.13% lower on the day at 0.6573.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
