China manufacturing PMI for June: 51.7 (expected 51.0)

This is the official manufacturing PMI survey from National Bureau of Statistics & the China Federation of Logistics and Purchasing

Comes in at 51.7, a beat

• expected 51.0
• prior 51.2

The beat on this should be a positive input for the AUD.

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We'll get the private survey manufacturing PMI from Caixin / Markit early next week. It's a different survey (generally speaking it includes more smaller firms & fewer of the big SEOs, so it gives a picture of a different part of the economy)