Terms of trade: Australia Q2 Import Price Index -0.1% q/q (expected +0.7%) & Export -5.7% q/q (exp -5.5%)
- As I posted in my preview of this ... a fall in the terms of trade confirmed by this data, its not fresh news and not a surprise: The fall in Australia's terms of trade will be confirmed today
China's economy: China June Industrial profits +19.1% y/y (+16.7% previously)
AUD pops well above 0.8 now, it had been hanging around the figure for a while following the FOMC statement overnight - a new high compared to then now ...
Updates:
