![Preview: China’s Manufacturing PMI and the Australian Dollar](https://traderlab.org/wp-content/uploads/2024/04/Preview-600x400.webp)
Preview: China’s Manufacturing PMI and the Australian Dollar
The upcoming release of China’s official Purchasing Managers’ Index (PMI) for April (0130GMT) could signal a slight deceleration in the manufacturing sector, with the PMI projected to decrease to 50.3 from 50.8 in March. This suggests that China’s manufacturing activity is expanding at a slower pace, barely maintaining above the critical 50-point mark that separates…