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China's March NBS Manufacturing PMI rises to 50.5, Non-Manufacturing PMI jumps to 50.8

China’s Manufacturing Purchasing Managers' Index (PMI) edged higher to 50.5 in March from 50.2 in February, the official data released by the National Bureau of Statistics (NBS) showed on Monday.

The data aligned with the market forecast of 50.5 in the reported month. 

The NBS Non-Manufacturing PMI jumped to 50.8 in March versus February’s 50.4 reading. The market expectations stood at 50.5.

Market reaction

At the time of writing, the AUD/USD pair is trading at around 0.6300, adding 0.16% on the day. 

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the New Zealand Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD-0.12%-0.21%-0.45%-0.03%-0.20%0.05%-0.11%
EUR0.12%0.02%-0.29%0.13%0.01%0.22%0.06%
GBP0.21%-0.02%-0.33%0.16%-0.01%0.22%0.09%
JPY0.45%0.29%0.33%0.40%0.28%0.51%0.24%
CAD0.03%-0.13%-0.16%-0.40%-0.13%0.08%-0.07%
AUD0.20%-0.01%0.01%-0.28%0.13%0.23%0.06%
NZD-0.05%-0.22%-0.22%-0.51%-0.08%-0.23%-0.16%
CHF0.11%-0.06%-0.09%-0.24%0.07%-0.06%0.16%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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