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Aussie slightly down on weak China's figures

There were no major data releases from Australia this morning, however, Aussie fell due to weaker than expected China's Trade Balance and CPI figures released over the weekend. China’s producer prices fell in July to the lowest level since 2009, in the latest sign that Premier Li Keqiang must take measures to support growth.
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US PPI up by 0.4% in June

The Producer Price Index for final demand advanced 0.4% in June, beating forecasts on 0.2% incline. Final demand prices rose 0.5% in May and declined 0.4% in April. On an unadjusted basis, the final demand index moved down 0.7% for the 12 months ended in June, the fifth straight 12-month decrease. In June, nearly two-thirds of the increase in the final demand index can be attributed to prices for final demand goods, which rose 0.7%. The index for final demand services advanced 0.3%.
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U.S. PPI rose by 0.5% in May

The Producer Price Index for final demand rose 0.5% in May, seasonally adjusted. Analysts were expecting smaller incline by 0.4%. Final demand prices fell 0.4% in April and advanced 0.2% in March. On an unadjusted basis, the final demand index declined 1.1% for the 12 months ended in May, the fourth straight 12-month decrease. 
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Australian PPI rose by 0.1%

Australian PPI rose 0.1% in the December quarter 2014. Analysts were forecasting 0.3% increase. This followed 0.2% increase in the third quarter. It rose 1.1% through the year to the December quarter 2014. 
 
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