AUD unknown

PMI# out of China, below exp, but comfortably above 50 at...

  1. yellowgsum
    11,522 Posts.
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    01/05/12
    11:23
    Post #: 10114238

    PMI# out of China, below exp, but comfortably above 50 at 53.3

    Markets pricing in around 70% chance of 25bp trim.

    Haven't looked at probability of higher cut, apparently options on cash rates futures are used to generate distribution.

    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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