Australia Q3 final goods PPI has come in at +0.1% against the expected +0.3%. Year-on-year its +0.2%, forecast was for a rise of 0.6%. Data suggest that companies are getting some pricing power back thanks to firming demand conditions and points to another firm rise in the CPI of around 0.8% on Wednesday.
AUDUSD comes off from 9210 to 9190 but bounces in the same breath back above 9215. Buyers still seen on dip below 92c.
