China’s RatingDog Manufacturing PMI climbs to 62.1 in February, Services PMI rises to 56.7
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) climbed to 62.1 in February from 50.3 in January, the latest data published by RatingDog showed on Monday. This figure came in better than the expectation of 50.1.
Meanwhile, the Services PMI rose to 56.7 in February, compared to 52.3 prior. The market consensus was for 52.3
AUD/USD reaction to China’s PMI data
At the time of writing, the AUD/USD pair is trading around 0.7004, down 0.52% on the day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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