BOSSA.CZ (BOSSA.CZ)
Markets  |  February 01, 2013 08:30:00

AUD / USD in expectations after Chinese data


National Bureau of Statistics in China, today announced the manufacturing purchasing managers index (PMI). In January, the index fell to 50.4 points and is close to the value of 50, which separates expansion from contraction. Today's result is a reflection of weak economic growth in 2012 (7.9 percent), when China experienced the worst result since 1999.

On the contrary, private banking house HSBC survey showed that the vast Chinese manufacturing sector according to the purchasing managers index came in January to two-year highs 52.3 points. This should help especially the growing demand, which should underpin China's growth this year.

Overview of PMI in China


Currency pair AUD / USD reacted to the Chinese data and a slight weakening again approached Reviews Support 1.0375. At 4 hours chart came under downward trend line and created a downward triangle in whose puncture is now on hold.

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AUD/USD v očekávání po čínských datech

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