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AUD/USD last $0.7107, 12 pips higher....>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/USD last $0.7107, 12 pips higher on the day, after adding 33
pips Tuesday on the back of revived risk appetite, propped up by reports of a
tentative agreement being reached in U.S. bipartisan talks re: gov't
shutdown/border security, as well as optimism re: the Sino-U.S. trade talks.
- Elsewhere, RBA's Heath spoke in early Asia-Pac hours. She noted that she is
uncertain if consumption can continue to outpace wage growth, highlighting that
her views on the AU economy have shifted. Heath exp. labour market strength to
continue moving forwards, and as a result is confident that wage growth will
continue to pick up. She places more weight on income growth than on the wealth
effect of the housing market. 
- After the rate breached Tuesday's high of $0.7103, lifted by a pick-up in
Westpac Cons. Conf. Index, bulls look for a jump above the 50-DMA at $0.7142,
ahead of the 55-DMA at $0.7158. Meanwhile, bears target the cloud top at
$0.7068, followed by Tuesday's low of $0.7054. 
- RBA's Kent will speak Friday, while the ongoing Sino-U.S. trade talks (min.
level meetings scheduled for Thursday & Friday) will also provide some interest.

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