Mar 21, 2013
HSBC PMI in China at 51.7, two month high
The HSBC Flash China Manufacturing Purchasing Managers’ Index came better-than-expected at 51.7 in March vs 50.4 in February, a two-month high. Flash China Manufacturing Output Index stood at 52.8 vs 50.8 in February, also a two-month high, overall a pretty solid read giving the Australian Dollar a temporary boost.
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