Is today the day Ryan’s gonna get whiplash from watching the AUD/NZD soar to the sky?
(Inserts ultra-cute gif from Ryan’s post
)
0030GMT:
TD Securities/Melbourne Institute (MI) Inflation Gauge for July, prior was +0.0% m/m and +3.0% y/y
We only get official inflation data from Australia once a quarter (we got the latest last week, here) so the market will be watching the TD gauge for a look at their July reading.
0130GMT – this is the AUD market focus today, though … Retail Sales for June
- expected is +0.3% m/m, prior was -0.5% (weaker post-budget sentiment impacting, or was there more to it? We’ll get more info with today’s data release)
Also at 0130GMT, ANZ Job advertisements for July, prior was +4.3%