From the Floor: Aussie deflation shock puts rate cut on table

Surprisingly weak CPI data from Australia overnight knocked the Aussie dollar sharply lower and raised the prospect of a rate cut at the central bank's meeting next week. Asian equity markets meanwhile were rattled by weaker-than-expected results from US cellphone and computer maker Apple.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-aussie-deflation-shock-puts-rate-cut-on-table-7526968?utm_medium=tf4-feed&utm_source=extract