China December producer price index (PPI) came in at 4.9% y/y, beating the estimate of 4.8%. Still, AUD/USD remains under pressure around 0.7815, largely due to the fact that factory-gate inflation has moderated sharply from the previous month's print of 5.8%.
Also, consumer price index (CPI) printed at 1.8%, missing the estimated rise to 1.9% from the November figure of 1.7%.
The mixed data has not had a significant impact on the Aussie bond yields, leaving the 10-year AU-US yield spread largely unchanged at 15.4 basis points.
Source : FX Street