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Overnight Trade Recap

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The AUD has appreciated ahead of the release of Australian Q3 CPI data, due at the bottom of the hour. Consensus forecast sees inflation slowing to +3.1% Y/Y from +3.8% recorded in Q2, while participants are ready to assess the ramifications of today's print for RBA policy outlook.

  • The yen trades with a marginally negative bias against all of its G10 peers, with U.S. e-mini futures operating in the green.
  • The BoC will deliver their monetary policy today. The global data docket features flash U.S. durable goods orders.