• Prior was 51.0

Released early (about 2 mins before official time). No wonder the AUD was getting sold in the minutes preceding

Just like the HSBC result yesterday, this has come in below expectations. BUT – just like the HSBC result yesterday it is an improvement from August and still in expansion.

AUD sold off before the release (it does appear it was leaked quite early, it was on twitter about 2 minutes before the 0100GMT scheduled time and on Bloomberg about 30 seconds before).