AUD/USD Lower ahead of RBA and China Data

AUD/USD is trading at 0.7119, down 0.0051. The pair is trading rangebound ahead of the Reserve Bank of Australia rate decision early Tuesday morning at 12:30 AM ET. Ahead of the RBA, the AIG August Manufacturing Index is due out at 07:30 PM ET and Building Permits are scheduled for release by the Australian Bureau of Statistics at 09:30 PM ET. Tuesday evening at 09:30 PM ET second quarter GDP data is due out. Regionally in China, the National Bureau of Statistics of China is scheduled to release August PMI data tonight at 09:00 PM ET, afterwards the Caixin Manufacturing PMI final reading for August is scheduled for release at 09:45 PM ET.