China HSBC Manufacturing PMI

HSBC Manufacturing PMI (China) was reported at 49.6 in June 2015. The reading beat the market consensus of 49.4 by 0.2, coming in above expectations. This represents an increase from the previous value of 49.2. Historically, this indicator is negatively correlated with USD/CNY (Bullish CNY) and positively correlated with AUD/USD (Bullish AUD).