“China’s Manufacturing Shows Resilience, Yet Tariffs Weight on Trade, Pricing, and Hiring Decisions.”, – WRITE: www.fxempire.com
PUBLISHED: APR 30, 2025, 02:28 GMT+00: 00
Key Points:
- China’s April Caixin Pmi Beats Forecasts at 50.4, Signaling Expansion Despite Rising US Tariff Pressures.
- Export Orders Deckline for the First Time in Three Months, With Tariffs Disruping Cross-Border Trade.
- Hang Seng Index Falls 0.55% AS PMI DATA REVEAL WEAKER DEMAND AND TARIFF-DRIVEN ECONOMIC UNCERTAINTY.
Hang Seng Index – 5 Minute Chart – 300425 In the Forex Market, The Aud/USD Had A Mixed Reaction to the PMI Data, Briefly Rising to A High of $ 0.64033 Before Falling To A Low of $ 0.63948. On April 30, The Aud/USD WAS UP 0.23% to $ 0.63973. Australian Quarterly Inflation Numbers triggered a morning rallly to a session High of $ 0.64071 ahead of the PMI Report.
The Aussie Dollar Remains Sensitive to China’s Economic Data Amid Persent Demand Concerns. Australia have a trade-to-to-gdp ratio exceeding 50%, with china accounting for one-third of itts exports. Australia’s Reliance on Trade Exposes the Aussie Dollar to Tariff Developments and the Potential Effects on Demand.
