China April official Services PMI: 54.3 (expected 55.0)

Services and Composite PMIs from China NBS for April

Non-manufacturing, 54.3, a good sized miss

• expected 55.0, prior 54.8

Composite, 54.3

• prior 51.0

Contributing to the AUD malaise, although its the manufacturing PMI of more focus:

• China April official Manufacturing PMI: 50.1 (expected 50.5)