China September CPI: +1.6% y/y
- Expected +1.7% y/y, prior was +2.0% y/y
- lowest since November 2009
- Well below 3.5% government target
China PPI -1.8% y/y
- expected is -1.6% y/y, prior was -1.4% y/y
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AUD/USD down a couple of tics or so – not too much in it.