China's Caixin Manufacturing PMI jumps to 50.3 in October vs. 49.7 expected

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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.

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  • RBA set to hike interest rate to 4.60% in September as inflation remains elevated
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