Swings & roundabouts
• Mixed markets. US equities dip with Nvidia lower in after hours trading. USD a touch firmer. AUD still hovering near the top of its multi-month range.• AU inflation. Headline CPI slows, but not as much as predicted. Underlying inflation still sticky. RBA unlikely to ‘pivot’ like the US Fed for some time.• Global data. US weekly jobless claims & German inflation due tonight. Tomorrow, Eurozone CPI & the US PCE deflator are released. Light news and data flow has kept most major asset classes range-bound over the past 24hrs. US equities slipped back ahead of the much-anticipated results update...