China Caixin Services PMI registered at 52.7, below expectations (54.3) in May

Jun 5, 2019

AUD/NZD: Bears in control below trendline support and 200 4HR SMA

AUD/NZD has fallen on the back of the Australian Gross Domestic Product data. The median forecast in the Bloomberg survey was up to 0.5% for the quart

China's Caixin services PMI drops to 52.7 in May, misses estimates

China's Caixin services PMI for May came in at 52.7 vs. 54.3 expected and 54.5 last, which showed that the Chinese business activity expanded modestly