Australia Building Permits (YoY) increased to -32.4% in April from previous -35.6%

May 31, 2022

China PMIs beat expectations but remain below 50, AUD/USD is hamstrung

The China PMIs, Manufacturing & Services, have been released as follows: NBS Manufacturing PMI(May) Stronger than expected but contracts: 49.6 VS 47.4

AUD/USD stays depressed below 0.7200 amid mixed China PMI, firmer USD

AUD/USD struggles to rebound from intraday low around 0.7160, snapping a three-day uptrend near the monthly top, as Aussie traders check activity numb