- Exports sub-index reverses January gain to fall below 50, at 49.8.
Reaction details (19:48)
- AUD/USD immediately spiked lower by 26 pips from 1.0289 to 1.0264, trades 1.0269 (-48 pips) last.
- Hang Seng index immediately moved lower by 0.29%, trades 22,801.17 last.
Analysis details (19:52)
- The underlying strength of the Chinese grow recovery remains intact, as indicated by still emloyment and the recent pick-up of credit growth, according to Chief China economist in HSBC.
- The reading for February could be distorted by the Chinese Lunar New Year.
24 Feb 2013 - 19:45 - - Source: Newswires
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