China Feb NBS Manufacturing PMI: 50.1

Mar 1, 2013

Forex Flash: Watanabe's positioning shift may benefit AUD/NZD - ANZ

Japanese households have recently liquidated 20% of their AUD bonds since November last yeat, but while adding to their NZD bond holdings, says Wei Liang Chang, FX Strategist at ANZ Research.

China PMI just above 50.00; misses expectations

China’s official manufacturing PMI for the month of February came at 50.1, slightly lower than the 50.5 expected. While the number maintains the 50.00 handle, perceived as the threshold that separates contraction from expansion in manufacturing activity, the 0.4 bp deviation may softly pressure the Aussie.