We’ve got some data coming up out of Australia soon, though neither is likely to have too big an impact ahead of Chinese figures much later in the day (industrial production, retails sales, and more; all due at 0530GMT)).
Australia home loans data due at 0130GMT
Australia business confidence and business conditions data due out today at 0130GMT
Ahead of the Chinese data the talk in the market is to refer to sell AUD in line with the broad USD strength we saw late last week.
- To the topside, offers 1.000, then 1.0015/25. Above there 1.0055/65 sellers again.
- To the downside, buying around the Friday New York lows under 0.9970, through 0.9950, then 0.9930 level.
