China's Caixin Services PMI eases to 52.7 in January vs. 52.9 previous

China's Services Purchasing Managers' Index (PMI) eased to 52.7 in January when compared to the December reading of 52.9, the latest data published by Caixin showed on Monday.

Feb 5, 2024

China Caixin Services PMI declined to 52.7 in January from previous 52.9

Australian Dollar hovers below a psychological level after mixed Aussie data

The Australian Dollar (AUD) faces selling pressure on Monday due to the blockbuster job data from the United States (US), which has resulted in a sharp rise in the US Dollar (USD), weighing on the AUD/USD pair.