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  • Australia Consumer Price Index

    From abs.gov.au Story is in PDF Format

    JUNE KEY POINTS THE ALL GROUPS CPI rose 0.4% in the June quarter 2013, compared with a rise of 0.4% in the March quarter 2013. rose 2.4% through the year to the June quarter 2013, compared with a rise of 2.5% through the year to the March quarter 2013. OVERVIEW OF CPI MOVEMENTS The most significant price rises this quarter were for medical and hospital services (+3.4%), tobacco (+3.0%), new dwelling purchase by owner–occupiers (+0.9%), furniture (+4.8%) and rents (+1.1%). The most significant offsetting price falls this quarter were for domestic holiday travel and accommodation (–4.0%) and automotive fuel ... (full story)

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  • Post #1
  • Quote
  • Jul 23, 2013 9:33pm Jul 23, 2013 9:33pm
  •  Grandhis
  • | Joined Jul 2012 | Status: Member | 85 Comments
bad spike in the morning
 
 
  • Post #2
  • Quote
  • Jul 23, 2013 9:34pm Jul 23, 2013 9:34pm
  •  Guest
  • | IP XXX.XXX.166.16
Crushed the longs, then the shorts.
 
 
  • Post #3
  • Quote
  • Jul 23, 2013 9:38pm Jul 23, 2013 9:38pm
  •  elekboy
  • | Joined Jan 2013 | Status: Member | 69 Comments
Quoting Grandhis
Disliked
bad spike in the morning
Ignored
lol....up...up...
 
 
  • Post #4
  • Quote
  • Jul 23, 2013 9:40pm Jul 23, 2013 9:40pm
  •  Kok Teong
  • | Joined Jun 2013 | Status: Member | 417 Comments
Stop Loss Kills!! LOL....
 
 
  • Post #5
  • Quote
  • Jul 23, 2013 9:43pm Jul 23, 2013 9:43pm
  •  Deano9999
  • | Joined Jan 2012 | Status: Member | 609 Comments
Market's interpreting the virtually flat CPI as reducing the chances of another interest rate cut in August. Looks like another spike in the AUD, but the China PMI may change things.
 
 
  • Post #6
  • Quote
  • Jul 23, 2013 9:44pm Jul 23, 2013 9:44pm
  •  k3nshinz3139
  • Joined Oct 2012 | Status: Chart can tell you everything! | 640 Comments
up and down then up..
 
 
  • Post #7
  • Quote
  • Jul 23, 2013 9:44pm Jul 23, 2013 9:44pm
  •  Raditya Yusu
  • | Joined Jul 2013 | Status: Member | 25 Comments
elek boy: why up? u're wrong. au must be down
cpi actual 0,4% forecast 0.5%

Australian Bureau of Statistics (latest release)
MeasuresChange in the price of goods and services purchased by consumers;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased quarterly, about 25 days after the quarter ends;.
 
 
  • Post #8
  • Quote
  • Jul 23, 2013 9:45pm Jul 23, 2013 9:45pm
  •  John Gray
  • | Joined Dec 2011 | Status: NZ Trader | 84 Comments
You would NOT want to be in the AUD scalping right now..

Watching rate decision
 
 
  • Post #9
  • Quote
  • Jul 23, 2013 9:47pm Jul 23, 2013 9:47pm
  •  PA is King
  • Joined Jun 2013 | Status: Member | 2,571 Comments
Personally, I think it was HFT's working their magic...that spike down nanoseconds after 9:30pm got them the profit they were looking for and then they closed their trades(thus the rally back up).

Of course, there's always the possibility of a rally back up to take out the traders who were short, while waiting for the China data to come out.
 
 
  • Post #10
  • Quote
  • Jul 23, 2013 9:47pm Jul 23, 2013 9:47pm
  •  elekboy
  • | Joined Jan 2013 | Status: Member | 69 Comments
china PMI is RED.....lol
 
 
  • Post #11
  • Quote
  • Jul 23, 2013 9:49pm Jul 23, 2013 9:49pm
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1,796 Comments
Quoting Kok Teong
Disliked
Stop Loss Kills!! LOL....
Ignored
But that's what babypips.com teaches lol. Dynamic stop-losses are useful. Not plain vanilla SL at .925.

More times than not that shite will be triggered only to see it go your way.
 
 
  • Post #12
  • Quote
  • Jul 23, 2013 9:51pm Jul 23, 2013 9:51pm
  •  Zar_Trader
  • | Joined Jul 2013 | Status: Junior Member | 1 Comment
and then the chinese PMI looks to reverse the gains in the AUD
 
 
  • Post #13
  • Quote
  • Jul 23, 2013 9:53pm Jul 23, 2013 9:53pm
  •  Raditya Yusu
  • | Joined Jul 2013 | Status: Member | 25 Comments
elek boy, look that's. down right/ 4o pips
 
 
  • Post #14
  • Quote
  • Jul 23, 2013 9:53pm Jul 23, 2013 9:53pm
  •  Grandhis
  • | Joined Jul 2012 | Status: Member | 85 Comments
Quoting Raditya Yusu
Disliked
elek boy: why up? u're wrong. au must be down
cpi actual 0,4% forecast 0.5%

Australian Bureau of Statistics (latest release)
MeasuresChange in the price of goods and services purchased by consumers;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased quarterly, about 25 days after the quarter ends;.
Ignored
it is down again, because of Chinese data is red, not because bad data from Aussie
 
 
  • Post #15
  • Quote
  • Jul 23, 2013 9:54pm Jul 23, 2013 9:54pm
  •  Raditya Yusu
  • | Joined Jul 2013 | Status: Member | 25 Comments
by the way, what pair of cny?
 
 
  • Post #16
  • Quote
  • Jul 23, 2013 9:55pm Jul 23, 2013 9:55pm
  •  comerro1
  • | Joined Jan 2010 | Status: Junior Member | 1 Comment
Nice watching software take advantage of this spike.... nice
 
 
  • Post #17
  • Quote
  • Jul 23, 2013 9:55pm Jul 23, 2013 9:55pm
  •  Pip Anon
  • Joined Jan 2013 | Status: Trading defies logic | 1,796 Comments
Quoting John Gray
Disliked
You would NOT want to be in the AUD scalping right now..

Watching rate decision
Ignored
Ouchy lol
 
 
  • Post #18
  • Quote
  • Jul 23, 2013 10:00pm Jul 23, 2013 10:00pm
  •  donaldkeram
  • | Joined Nov 2012 | Status: Member | 51 Comments
stay away from this currency, direction unclear
 
 
  • Post #19
  • Quote
  • Jul 23, 2013 10:01pm Jul 23, 2013 10:01pm
  •  elekboy
  • | Joined Jan 2013 | Status: Member | 69 Comments
Quoting Raditya Yusu
Disliked
elek boy: why up? u're wrong. au must be down
cpi actual 0,4% forecast 0.5%

Australian Bureau of Statistics (latest release)
MeasuresChange in the price of goods and services purchased by consumers;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased quarterly, about 25 days after the quarter ends;.
Ignored
it is already down til support .924.......n then up til resistance .931
n chinese PMI make it down again......
news noise......lol
 
 
  • Post #20
  • Quote
  • Jul 23, 2013 10:06pm Jul 23, 2013 10:06pm
  •  Subdude
  • | Joined Aug 2007 | Status: If it walks like a duck... | 538 Comments
Quoting John Gray
Disliked
You would NOT want to be in the AUD scalping right now..

Watching rate decision
Ignored
What rate decision? There won't be one for two weeks.
 
 
  • Post #21
  • Quote
  • Jul 23, 2013 10:30pm Jul 23, 2013 10:30pm
  •  Raditya Yusu
  • | Joined Jul 2013 | Status: Member | 25 Comments
yeah. it's so scary. nice pips
 
 
  • Post #22
  • Quote
  • Jul 23, 2013 10:33pm Jul 23, 2013 10:33pm
  •  sammy_tega
  • | Joined Jun 2010 | Status: Member | 41 Comments
pay back is a bitch
 
 
  •  Guest
  • | IP XX.XXX.65.228
Join FF
  • Story Stats
  • Posted: Jul 23, 2013 9:30pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 22  /  Views: 4,847
  • Linked events:
    AUD CPI q/q
    AUD Trimmed Mean CPI q/q
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