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  1. Pointyfigures
    1,644 Posts.
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    01/05/20
    13:55
    Post #: 44381183
    A lot of bad data out today for the Aussie economy.
    PMI 44.1
    PPI 1.3%
    AIG manufacturing index 35.8 - a shocker.
    New home sales surprisingly strong at 6.2% against forecast -1.9%
    This feeds in to the AUD and hence the fall.
    The XGD is down 440 points today, almost half of the 1000 point fall expected.
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    lightbulb Created with Sketch. 1  Great analysis
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