AUD/USD Drops to Below 0.73 after China Manufacturing Data
A key gauge of Chinese manufacturing activity tumbled to a 15-month low in July, an independent survey showed, throwing a pall over growth in the world’s second-largest economy. The preliminary reading of Caixin’s Purchasing Manager’s Index (PMI) came in at 48.2 this month, the Chinese media group said in a joint statement with Markit, a …
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