Absolutely nothing happened overnight so we must hope that the twin risk events of Australian CPI and Chinese PMI will get the market moving.
Prices in Australia are likely to show another marked increase compared with last year and if that is the case, we can expect to see the AUD/USD have another crack at .9425/30 resistance levels.
The HSBC version of Chinese PMI will probably show a small increase compared with last month but the sub-50 reading still indicates a contraction in the manufacturing sector.