Aussie Trade Balance
The Aussie Trade Balance came in at a larger surplus than expected (1200M) and the prior reading (1380M) at 1709M. The market gained a mild bid on the release, but the session could remain muted as there is a limited amount of new data on the calendar.
US ISM Manufacturing and Prices Paid Data Alongside Construction Spending Due at 10AM
US ADP Employment Change Data Due at 8:15AM
China HSBC Manufacturing PMI
The China HSBCÂ Manufacturing PMI reading for January was 48.8, slightly better than the prior reading of 48.7. The market continues to range in Asia, with the various PMI’s this evening not providing any direction ahead of further news from Europe and the US Employment report at the end of the week.
Taiwan HSBC Manufacturing PMI
The Taiwan HSBC Manufacturing PMI reading for January was 48.9, better than the prior reading of 47.1.
China’s January PMI Manufacturing
The January reading for Chinese Manufacturing PMI came in better than expected at 50.5 versus the estimate of 49.6 and slightly above the prior reading of 50.3. Risk edged higher following the release after being under pressure for most of the session.




