A$ Range Trading, Tomorrow Focus On RBA’s Bullock

Aussie is one of the better performers in the G10 today. AUDUSD is currently down slightly to around 0.6313, close to the intraday low of 0.6308. The USD index is 0.1% higher. There has been little news in the APAC session today and there is also little on the calendar for later, but there has been a pullback in risk appetite.

• Aussie is almost unchanged against other major currencies. AUDJPY is flat at 94.59 after a high of 94.85 early in the session. AUDNZD is slightly higher at 1.0840 after a high of 1.0847 earlier. AUDGBP is also up a bit at 0.5193. AUDEUR is 0.1% higher at 0.5968 after an intraday low of 0.5957.
• Equity markets are weaker across the region following Wall St lower. The ASX is down 1% and the CSI 300 -0.6%, but the S&P e-mini is 0.1% higher. Oil is down around a percent with WTI at $87.18/bbl. Copper is 0.7% lower and iron ore is down to around $111/t.
• Later the US Chicago Fed index for September is released and is forecast to improve marginally. There are no Fed or ECB speakers on the schedule. Tomorrow the focus in Australia will be RBA Governor Bullock’s speech at 1900 AEDT.