Apr 23, 2013
Forex Flash: Awaiting the HSBC China PMI - NAB
FXstreet.com (Barcelona) -The HSBC flash manufacturing PMI in China will be the event to keep an eye on in Asia. The release is at 1.45GMT, with the medium forecast at 51.5 in April vs 51.6 for March. According to NAB strategists, "a downside surprise would have an impact on the AUD." NAB lowered its 2013 Chinese growth forecast from 8.2% to 7.9% after the Q1 GDP disappointment.