Economic data due from Australia via ForexLive

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%

posted via ForexLive