China Mar NBS Manufacturing PMI improves to 50.9 vs 50.1

Apr 1, 2013

Forex Flash: RBA likely to reiterate easing bias tomorrow - Westpac

Tomorrow the RBA monetary decision takes place, and according to Westpac, "is expected to deliver a no change decision and more focus will rest on the RBA statement."

Forex: AUD/USD below 1.04 after disappointing China PMI

AUD/USD breaks a little bit to the downside last at 1.0390 on the back of disappointing China PMI Manufacturing coming out at 50.9 when 52 was expected. Not much of a move though so far, given data is above key 50 figure for sixth consecutive month. China HSBC final PMI Manufacturing data will be next at 01:45 GMT as next risk event of the session.