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China's Caixin Manufacturing PMI unexpectedly jumps to 51.4 in September, Aussie hits fresh highs

China's September Caixin manufacturing PMI came in at 51.4 vs. 50.2 expected and 50.4 last, signalling a modest improvement in the operating conditions last month.

Last hour, the purchasing managers' index (PMI) for China's manufacturing sector arrived at 49.8 in September, up from 49.5 in August, the National Bureau of Statistics (NBS) reported.

China Caixin Manufacturing PMI came in at 51.4, above expectations (50.2) in September

China Caixin Manufacturing PMI came in at 51.4, above expectations (50.2) in September
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AUD/USD technical analysis: Pops and drops after China’s Caixin Manufacturing PMI

With China’s private manufacturing gauge following official data in printing welcome readings, AUD/USD pops and drops.
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