Manufacturing PMI comes in at a miss, 51.6
- expected 52.0
- prior 52.4
More, via Reuters:
- Weakening property market and tighter pollution rules that are forcing many steels mills, smelters and factories to curtail production over the winter
- A recovery for China's manufacturing and industrial firms -- boosted by government spending, a resilient property market and unexpected strength in exports -- has helped the economy post better-than-expected growth of nearly 6.9 percent through the first nine months of this year.
AUD slipping a little on the data.