AUD,NZD

Risk trades could get a lift today from HSBC China PMI

The official China PMI has been above the HSBC reading by an average of 2.2 points so far this year. If that equation stays true, this months HSBC data will rise (edit) from below 48.00 last time, and that should give risk trades a minor boost (any number above 50 signifies expansion in the manufacturing sector).

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