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August CPI As Expected - A$ & Bond Futures Little Changed

AUSTRALIA DATA

August CPI data printed at 5.2% y/y, in line with consensus. The prior outcome was 4.9%. AUD/USD is little changed. The currency is last near 0.6405. We have seen some strength emerge post CNH gains, as the PBoC reiterated that it will prevent excessive moves in the FX rate. Aussie Bond futures are little changed post the data.

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