China RatingDog Services PMI came in at 52.1 below forecasts (53.7) in March

Apr 3, 2026

Australian Dollar advances despite increased risk aversion

AUD/USD gains ground after registering modest losses in the previous day, trading around 0.6910 during the Asian hours on Friday. The pair gains as the US Dollar (USD) softens, even amid stronger safe-haven demand due to escalating Middle East tensions.

China’s RatingDog Services PMI declines to 52.1 in March vs. 53.7 expected

China's Services Purchasing Managers' Index (PMI) eased to 52.1 in March from 56.7 in February, the latest data published by RatingDog showed on Friday. This figure came in weaker than the expectations of 53.7.