Data: Australia March construction PMI 39.0 (vs. prior of 45.6)


By: Eamonn Sheridan

Australian Industry Group Performance of Construction Index Still in contraction, and a very poor result following February's big improvement (February was the best result since mid-2010). - AUD/USD is on its lows for the session as this figure is released. there have been reports of Japanese buying (related to their purchasing Australian government bonds)

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