I posted this out first on Twitter, please make sure you are following @ForexLive for time sensitive data quickly (and early in this case)

China Manufacturing Purchasing Managers Index (PMI) for July, 51.7

  • expected 51.4
  • prior was 51.0
  • Highest since April 2012 (53.3)
  • Output index up 1.2 points over the previous month to 54.2
  • New orders up 0.8 points to 53.6
  • Export orders positive, up 0.5 to 50.8
  • Employment index fell 0.3% to 48.3

AUD/USD is marked a little higher immediately, into the middle of the resistance zone I highlighted a few minutes ago

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Due at 0145GMT is HSBC/Markit Manufacturing PMI for July, expected is 52.0, prior was 50.7, flash reading was 52.0