Australia AugustPMI jumped to its highest level in 15 months, with activity expanding in the sector after a long slump. The PMI jumped 7.2 points to 51.7. Measures of production and new orders both surged to above 50, adding to signs that the economy is recovering.
No effect on AUDUSD which remains bid for now.
Others economic data out today is the balance of payments and building approvals at 2130 GMT and then the RBA rate decision and statement at 0430 GMT.
