The Traderszone Network

Published in TZ Latest News 26 July, 2016 by The TZ Newswire Staff

Australia Q2 CPI, headline 0.4% q/q (expected 0.4%)

Trimmed mean 0.5% q/q (0.4% expected) … UP GOES THE AUD ON THIS HIGHER NUMBER
(The trimmed mean is the measure the RBA pays most heed to, it is the ‘core’ inflation figure where the RBA target band is 2 – 3%)