Greg Michalowski
US federal budget deficit $-291.0 billion versus -$215.0 billion expected
- Previous month had a surprise surplus of $27.0 billion
White House pressuring Japan to up defense spending
- Buy America Defense is an initiative of the Trump Administration
The AUDUSD fall after the rate cut did not last long. Tests last week's highs
- The AUDUSD is trading to new highs and tests the highs from last week
Atlanta Fed sticky price index (CPI) rises to 4.6% in July from 4.3% in June
- A year ago, the index was at 3.4%
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