Inflation fears linger
• Inflation jolt. Stronger than expected US PPI data pushed US bond yields & the USD higher. US retail sales & FOMC meeting minutes due this week.• AUD struggles. Shaky sentiment & a firmer USD have weighed on the AUD. Since 2015 the AUD has only traded sub $0.65 ~3% of trading days.• Upcoming events. In addition to the US releases, the China data batch, RBNZ meeting, UK CPI, AU wages & AU jobs report are in focus this week. Equity markets remained on the backfoot on Friday as bond yields continued to edge higher following a run of stronger...