This week’s focus is on inflation readings in US, Europe & Japan. Weak US economic data & doubts re US health care bill passing the Senate sees market pricing another US rate hike in Sep fall from 50% to 40%. A$ has strengthened 0.5% & remains in 0.7530 – 0.7630 US range & firm against the crosses – EUR, GBP, JPY, CNY & HKD.
