The Australian dollar is above 0.8010, ahead of its overnight high
We've had a batch of solid data again this morning:
- Australia -AIG Manufacturing PMI for July: 56.0 (prior was 55.0)
- Australia - ANZ Roy Morgan weekly Consumer Sentiment: 118.4 (prior 115.1)
- Australia data - CBA / Markit PMI 54.4 (prior 56.2)
None of which is doing it any harm. Iron ore prices are surging also.
Helping it along is the US political chaos, the newly appointed Anthony Scaramucci was fired after less than 2 weeks in the job.
More breaking from the US now which may further embroil the President in scandal: