Chinese Manufacturing PMI beats and supports AUD on the margin, services fall

China's PMIs have arrived as follows:

  • China's September official composite PMI 50.9
  • China's September official services PMI falls to 50.6 vs 52.6 in August
  • china's September official manufacturing PMI at 50.1 (Reuters poll 49.6) vs 49.4 in August
  • More to come

AUD/USD jostles with 0.6500 hurdle on mixed China PMI data, US inflation eyed

AUD/USD remains sidelined around 0.6500 as it pokes the resistance line of a bullish wedge during Friday’s Asian session. Even so, the quote remains o
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