China's Caixin Services PMI unexpectedly drops to 50.3 in June, AUD/USD unfazed

China's Caixin services PMI for June came in at 50.3 vs. 55.7 expected and 55.1 last, showing a sharp slowdown in the country’s services activity in the reported month.

 

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Aussie Retail Sales: Stronger than expected yet AUD/USD unchanged

Aussie Retail sales arrived at +0.4 PCT M/M S/ADJ (REUTERS POLL +0.1 PCT). Meanwhile, preliminary estimates showed a significant slowing in Australian
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China Caixin Services PMI registered at 50.3, below expectations (55.7) in June

China Caixin Services PMI registered at 50.3, below expectations (55.7) in June
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