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Aussie Dollar: Trader or Punter?
Focus shifts back to the Australian market to begin the week, and while we don’t see any tier one data releases today, what a lead up into tomorrow we have! The weekend saw China release official Manufacturing PMI data, which coming in at 50.1 technically missed expectations of 50.3. In saying that however, if the index comes in above 50.0, then it is still signalling growth in the sector. Flicking open our News Terminal and taking a look at the history of the release, this ‘miss’ obviously could have been a lot worse and things seem to be on holding steady rather than regressing: But like we mentioned above, ... (full story)
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