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5 Aug 2013

China HSBC China Services PMI stays unchanged at 51.3 in July

Aug 5, 2013

AUD/USD closer to fresh 3-year lows

The AUD/USD foreign exchange rate is last trading at 0.8859, off recent fresh session and almost 3-year lows at 0.8847 printed on the back of lower than expected Australian retail trade numbers, with domestic markets closed over holiday.
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Aug 5, 2013

HSBC China Services PMI shows modest expansion

A modest expansion of business activity in the HSBC China Services Business Activity Index was observed, according to HSBC, with the indicator printing a 51.3 in July, unchanged from the previous month.
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