China PMIs may stir but not turn aussie higher – Forex News Preview
Posted on September 29, 2020 at 6:54 am GMTAs markets grapple with the real threat of escalating virus cases derailing the global economic recovery, the risk-sensitive Australian dollar will be keeping an eye on the September manufacturing PMIs out of China on Wednesday. The NBS manufacturing PMI will be released at 1:00 GMT, followed by the Caixin/Markit manufacturing PMI at 01:45 GMT, both of which are expected to be one of the main highlights for traders this week. Is China’s manufacturing rebound losing steam? One of the factors [..]