rate cuts

Reserve Bank of Australia cuts interest rates by 25bps sending the Aussie lower while UK’s manufacturing PMI slips into contraction for the first time since February 2013. Today’s Economic events Australia building approvals m/m 3.70% vs. -1.80% China manufacturing PMI 49.4 vs. 49.8 RBA cuts cash rate to 1.75% UK Manufacturing PMI 49....