- CPI up 2.7% y/y in June (+2.5% expected and +2.1% in May)
- Prices of food up 4.9% y/y June, (up 3.2% in May)
- PPI down 2.7% (vs. -2.6% expected) – “has fallen for 16 straight months, the longest stretch of declines since 2002. “
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AUD/USD dipped below 0.9100 but encountered some buyers 0.9085/98 (see earlier post on Australian dollar orders )