AUD/USD last trades at $0.7091, barely.......>

AUSSIE: AUD/USD last trades at $0.7091, barely changed on the day, after

slipping 16 pips Tuesday, as AUD carried its modest weakness from the Asia-Pac

session through the European session, before a pullback in risk appetite,

inspired by Sino-U.S. trade matters, applied further pressure to the currency.

AUD finished at the bottom of the G10 pile.

- Fresh worries re: Sino-U.S. trade talks were triggered by BBG source reports

stating that Chinese negotiators are pushing back on some of the U.S. demands.

Elsewhere, WSJ reported that bilateral talks at ministerial level will resume

next week, while U.S. Pres Trump said that "talks are going very well."

- After a close below the 21-DMA at $0.7099, bearish focus moves to the 100-HMA

at $0.7086, which has limited losses thus far, followed by the 200-DMA at

$0.7071. Meanwhile, bulls look to the 21-DMA, ahead of the 55-DMA at $0.7130.

- Australian Westpac Leading Index comes out at the bottom of the hour, ahead of

remarks from RBA's Bullock, due at the top of the hour. Australian labour mkt

report takes focus Thursday, after the latest RBA meeting mins stressed the

"particular importance" of labour mkt developments to domestic econ outlook.