The ugly China data is here from earlier:

But, don't take my word for it :-D, the Financial Times is not impressed either:

  • China's services sector slowed markedly in February
  • independent gauge of activity dipped to the lowest level in four months
  • marked a steeper fall than the official services sub-index
  • Caixin survey pointed to weaker demand both domestically and from abroad
  • although hiring of new staff continued for a fifth month running

Article is here for more, may be gated.

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AUD is having a not great session so far, maybe the RBA can gee it up later?

Australian dollar AUD chart China PMI down