<\/p>\n
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly rose to 51.8 in June, against the 51.7 reading in May, according to the latest data released\u00a0on Monday.<\/p>\n
The data beat the market forecast of 51.2 in the reported month.<\/p>\n
\nOutput rises at quickest pace since June 2022 as new orders increase.<\/p>\n
Employment broadly stable.<\/p>\n
Output price inflation at eight-month high.<\/p>\n<\/blockquote>\n
\u201cBoth supply and demand continued to expand. The pace of manufacturing output growth has increased for five straight months, with the production subindex hitting a two-year high,\u201d said Wang Zhe, an economist at Caixin Insight Group.<\/p>\n
Wang added, \u201cdemand also rose, keeping the subindex for total new orders in expansionary territory for the 11th consecutive month.\u201d<\/p>\n
Data released by China\u2019s National Bureau of Statistics (NBS) showed Sunday that the\u00a0official Manufacturing Purchasing Managers’ Index (PMI)<\/a> held steady at 49.5 in June, as expected. The Non-Manufacturing PMI dipped to 50.5 in the same period vs. May\u2019s 51.0 and the estimated 51.0 figure.<\/p>\n
AUD\/USD reaction to China\u2019s PMI data<\/h2>\n
The upbeat Chinese\u00a0Manufacturing PMI<\/a>\u00a0fails to positively impact the Aussie Dollar<\/a>, as AUD\/USD flirts with intraday lows near 0.6665\u00a0at the time of writing, modestly flat on the day.<\/p>\n
\n\nAustralian Dollar PRICE Today<\/h2>\n
The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the New Zealand Dollar.<\/p>\n
\n\n
\n \n\u00a0<\/th>\n USD<\/th>\n EUR<\/th>\n GBP<\/th>\n JPY<\/th>\n CAD<\/th>\n AUD<\/th>\n NZD<\/th>\n CHF<\/th>\n<\/tr>\n<\/thead>\n \n USD<\/th>\n \u00a0<\/td>\n -0.32%<\/td>\n -0.11%<\/td>\n 0.08%<\/td>\n -0.01%<\/td>\n 0.00%<\/td>\n -0.07%<\/td>\n 0.10%<\/td>\n<\/tr>\n \n EUR<\/th>\n 0.32%<\/td>\n \u00a0<\/td>\n -0.02%<\/td>\n 0.10%<\/td>\n 0.00%<\/td>\n 0.21%<\/td>\n -0.06%<\/td>\n 0.11%<\/td>\n<\/tr>\n \n GBP<\/th>\n 0.11%<\/td>\n 0.02%<\/td>\n \u00a0<\/td>\n 0.10%<\/td>\n 0.04%<\/td>\n 0.23%<\/td>\n -0.04%<\/td>\n 0.13%<\/td>\n<\/tr>\n \n JPY<\/th>\n -0.08%<\/td>\n -0.10%<\/td>\n -0.10%<\/td>\n \u00a0<\/td>\n -0.10%<\/td>\n -0.02%<\/td>\n -0.16%<\/td>\n 0.03%<\/td>\n<\/tr>\n \n CAD<\/th>\n 0.01%<\/td>\n -0.00%<\/td>\n -0.04%<\/td>\n 0.10%<\/td>\n \u00a0<\/td>\n 0.06%<\/td>\n -0.06%<\/td>\n 0.11%<\/td>\n<\/tr>\n \n AUD<\/th>\n -0.01%<\/td>\n -0.21%<\/td>\n -0.23%<\/td>\n 0.02%<\/td>\n -0.06%<\/td>\n \u00a0<\/td>\n -0.27%<\/td>\n -0.02%<\/td>\n<\/tr>\n \n NZD<\/th>\n 0.07%<\/td>\n 0.06%<\/td>\n 0.04%<\/td>\n 0.16%<\/td>\n 0.06%<\/td>\n 0.27%<\/td>\n \u00a0<\/td>\n 0.19%<\/td>\n<\/tr>\n \n CHF<\/th>\n -0.10%<\/td>\n -0.11%<\/td>\n -0.13%<\/td>\n -0.03%<\/td>\n -0.11%<\/td>\n 0.02%<\/td>\n -0.19%<\/td>\n \u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\n
\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) unexpectedly rose to 51.8 in June, against the 51.7 reading in May, according to the latest data released\u00a0on Monday. The data beat the market forecast of 51.2 in the reported month. Key highlights (via Caixin) Output rises at quickest pace since June 2022 as new orders increase. Employment […]<\/p>\n","protected":false},"author":2,"featured_media":26500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,201,248,251,297,246,257,843,255,250,1064,252,1063,247,253,249,256,254],"class_list":["post-334728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-gta","tag-looks-rare","tag-manufacturing","tag-oracle","tag-pmi","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/334728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=334728"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/334728\/revisions"}],"predecessor-version":[{"id":334729,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/334728\/revisions\/334729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/26500"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=334728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=334728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=334728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}