PBOC sets USD/CNY at 6.7734 vs 6.7641

Nov 1, 2016

China's Oct PMI beats expectations, Aussie pop limited as risk ahead

China Manufacturing PMI came better than expected at 51.2 vs 50.4 expected, representing a 3rd consecutive month of expansion. Meanwhile, the services

Aussie-US 2-yr yield spread is losing height ahead of RBA

Expectations that the Reserve Bank of Australia (RBA) would keep its easing bias intact in order to avoid AUD appreciation is weighing over the short-