Aussie slips on cloudy outlook of Chinese growth

Note: This section contains information in English only.
Source: WBP Online
The Australian Dollar retreated against the Greenback, after HSBC reported Chinese manufacturing levels to hit a 3-month low. As China remains the biggest import market of Aussies goods, any potential shock can cloud the outlook for the Oz. Chinese Purchasing Manager's Index was reported to slide to 50.3 in August, from 51.7 in July, the 18-month peak. The pair contracted by 0.42% against the Greenback at $0.9246.
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Thu, 21 Aug 2014 08:34:05 GMT

Asian shares decline as China's manufacturing disappoints

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