The economic calendar is light in the new trading day. The weekly private API data will start the session when it is released at 5:30 PM ET. Later at 9:30 PM ET, the Australia month CPI for July will be released. The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release. The monthly CPI indicator does, however, provide a timelier indication of inflation using the same data collected for use in the quarterly CPI. The monthly reading includes updated prices for between 62% and 73% of the weight of the quarterly CPI basket, its not the full picture.Looking ahead, September 25: *Monthly Consumer Price Index indicator for A
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