Watch Out For Durable Goods Orders, But Earnings Will Keep Fuel Risk Sentiment
AUD fell in overnight trading following a string of poor CPI numbers. Consumer prices did increase 0.6% QoQ in 2Q, but that was below expectations for a 1.0% gain (0.9% in 1Q). The RBA trimmed mean (0.5%) and RBA weighted median (0.5%) measures also came in below consensus.
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Watch Out For Durable Goods Orders, But Earnings Will Keep Fuel Risk Sentiment
