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China's Caixin Manufacturing PMI jumps to 50.8 in February vs. 50.3 expected

China's Caixin Manufacturing Purchasing Managers' Index (PMI) jumped to 50.8 in February from January’s 50.1, the latest data showed on Monday.

The markets expected a 50.3 readout in the reported month.

Key highlights (via Caixin)

more to come ....

China Caixin Manufacturing PMI above expectations (50.3) in February: Actual (50.8)

China Caixin Manufacturing PMI above expectations (50.3) in February: Actual (50.8)
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Australian Dollar holds gains following China Manufacturing PMI data

The Australian Dollar (AUD) halted its six-day losing streak on Monday, buoyed by a weaker US Dollar (USD) following the release of January’s Personal Consumption Expenditures (PCE) inflation data on Friday.
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