China's NBS Manufacturing PMI improves to 49.2 in January, as expected
China’s official Manufacturing Purchasing Managers' Index (PMI) downturn eased slightly in January, coming in at 49.2, as against the 49.0 contraction registered in December, according to the latest data released by the National Bureau of Statistics (NBS) on Wednesday.
The market consensus was for a 49.2 readout in the reported month.
The index, however, remained below the 50 mark, which separates expansion from contraction.
The NBS Non-Manufacturing PMI climbed to 50.7 in January versus the expected 50.6 figure and December’s 50.4 print.
AUD/USD reaction to China's PMI data
The mixed Chinese PMIs are having little to no impact on the Australian Dollar, with AUD/USD losing 0.41% on the day to trade at around 0.6575.
Australian Dollar price today
The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the Swiss Franc.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.03% | 0.06% | 0.04% | 0.29% | 0.07% | 0.10% | 0.00% | |
| EUR | -0.04% | 0.02% | 0.01% | 0.30% | 0.03% | 0.09% | -0.03% | |
| GBP | -0.05% | -0.02% | -0.01% | 0.25% | 0.01% | 0.09% | -0.05% | |
| CAD | -0.04% | 0.00% | -0.01% | 0.25% | 0.01% | 0.06% | -0.03% | |
| AUD | -0.31% | -0.28% | -0.26% | -0.27% | -0.25% | -0.21% | -0.31% | |
| JPY | -0.04% | -0.02% | 0.00% | -0.01% | 0.26% | 0.04% | -0.04% | |
| NZD | -0.10% | -0.06% | -0.06% | -0.06% | 0.19% | -0.04% | -0.12% | |
| CHF | 0.00% | 0.02% | 0.04% | 0.03% | 0.28% | 0.06% | 0.10% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
