AUD/USD trading higher now at 1.0400
- Says inflation data was slightly higher than expected .
- Says risk to global outlook still seen on downside.
- Says China growth has stabilized.
- Says world economy looking slightly more positive.
- Says commodity prices remain significantly lower than earlier this year.
- Decided monetary policy was appropriate”for the time being.”
- Says A$ remains higher than expected.
- Says softer labour market should help contain wage costs.
- Says inflation will be consistent with target over next one to two years.
AUD/USD continues to firm trading at 1.0406/11 now
