Chinese Flash HSBC Manufacturing PMI for September 2013 – quick recap
- 6-month high
- Improvements in external and domestic demand
- HSBC expect a more sustained recovery
Strong across the board:
AUD/USD has jumped on the release, but there are plenty of sell orders around 0.9450 that should cap it, at least on the session, Japan is out and HK is trading in a reduced fashion due to the typhoon.
Australian dollar orders here. (note sellers at 0.9450)
This is the ‘flash’ survey, the final September result is due next Monday, the 30th – it is unlikely to vary much from today’s result, if at all.