China CPI and PPI hurst AUD, edging to fresh lows on the session

The Chinese Consumer Price Index and Producer Price Index, released by the National Bureau of Statistics of China, have arrived:

• March PPI +8.3 pct from a year ago (Reuters poll +7.9 pct)
• March PPI +1.1 pct from the previous month.
• March CPI (YYoY): 1.5% (exp 1.3% vs previous 0.9%).

AUD/USD is under some slight pressure, losing an additional 0.09% from the pre-data -0.2% after falling to a fresh low of 0.7436.

More to come...