China Non Manufacturing PMI

Non Manufacturing PMI (China) was reported at 54.1 in January 2020. The reading beat the market consensus of 53.5 by 0.6, coming in above expectations. This represents an increase from the previous value of 53.5. Historically, this indicator is negatively correlated with USD/CNY (Bullish CNY) and positively correlated with AUD/USD (Bullish AUD).