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%
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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%
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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%