AUD

Australian housing finance data for June, home loans value -1% (expected +1.8%)

Australian June Building Permits -7.7% m/m (expected -8.0%)

Australian weekly consumer confidence 78.4 (prior 75.2)

Australian July Manufacturing PMI (final) 49.6 (prior 48.2)

Bank of America expects the Reserve Bank of Australia to its hike cash rate by 25 bp today

Reserve Bank of Australia statement due Tuesday, 1 August 2023 - previews

AUDUSD trades higher today ahead of RBA decision, but approaches key technical resistance

• The 100 hour and 200 day MA looms above at 0.67284

AUD/USD higher on the day but buyers have more work to do

• The latest rebound is running up against the 100-day moving average now

AUD has popped a little on the marginal improvement for China's manufacturing PMI

Australian data - June Private Sector Credit +0.2% m/m (expected 0.4%, prior 0.4%)

Australian private inflation gauge for July 0.8% m/m (prior 0.1%)

Chinese Communist Party media outlet warns Australia on 'too high' costs of ties with US

• China is issuing threats against Australia again

Newsquawk Week Ahead: Highlights include US jobs report, BoE, RBA and PMI data

• Next week highlights include the US jobs report and global PMI data, as well as central bank rate decisions from the BoE and RBA.

The AUDUSD is back below the longer-term 200 & 100 day MAs tilting the technical bias down

• What next for the new trading week?

US equities run but risk trades doesn't flow to FX

• Mixed messages