China’s Caixin Services PMI eases to 52.5 in April, as expected

China’s Services Purchasing Managers’ Index (PMI) eased to 52.5 in April, compared with the March print of 52.7, the latest data published by Caixin showed on Tuesday.

The data came in line with the market expectations in the reported period.

AUD/USD reaction to China’s Services PMI

At the time of writing, the AUD/USD pair is up 0.08% on the day to trade at 0.6615.