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Analysts predict a pickup in US inflation, and it could awaken the bond market

3 days ago   |   By

With all eyes on the US CPI prints on Friday night, US inflation data once again came up short.
Annual inflation for July came in at 1.7%, slightly below forecast growth of 1.8% and beneath the US Federal Reserve's target range of 2-3%.
It's been a key talking point so far this year, with US inflation steadily declining from a high of 2.7% in February.
Despite the decline, multiple analysts still expect US inflation to pick up in the first half of 2018.
The ripple effect has flowed through to multiple asset classes, starting with lower bond yields.
Poor inflation data has combined with...
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The Australian dollar is climbing again as US inflation data comes up short

3 days ago   |   By

The Australian dollar has opened the new trading week just below the US79 cent level, rebounding modestly on Friday as another soft US consumer price inflation report managed to offset ongoing geopolitical concerns surrounding North Korea.
Here's the Aussie dollar scoreboard as at 7.55am AEST.
AUD/USD 0.7895 , 0.0006 , 0.08%
AUD/JPY 86.1 , 0.01 , 0.01%
AUD/CNH 5.2668 , 0.0066 , 0.13%
AUD/EUR 0.6675 , -0.0002 , -0.03%
AUD/GBP 0.6066 , -0.0002 , -0.03%
AUD/NZD 1.0778 , 0.0008 , 0.07%
AUD/CAD 1.0006 , -0.0001 , -0.01%
As seen in the 5-minute chart below, the AUD/USD reversed course in the...
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