At 0100GMT: Skilled vacancies jobs data for June , prior was -1.3%

Then, the big one, due at 0130GMT – Aussie CPI. we only get official inflation data from Australia once a quarter, so its party time!

Adam has a preview up, here: Preview: Will inflation data finally get AUD/USD moving?

Q2 CPI

The ‘headline’ result is the q/q CPI:

  • expected is +0.5%,
  • prior was +0.6%

For the y/y, expected is +3.0%, prior +2.9%

For the ‘trimmed mean’ (which is the measure the RBA pays most heed to): it is the ‘core’ inflation figure where the RBA target band is 2 – 3%.

For the q/q:

  • expected +0.6%,
  • prior +0.5%

For the y/y:

  • expected is 2.7%, prior 2.6%

Finally, there is the ‘weighted median’ CPI:

  • For q/q: expected is 0.7%, prior was 0.6%
  • For y/y: expected is 2.7%, prior was 2.7%