By Chris Becker
Last night’s February CPI print for the US was overshadowed by continued chaos in the White House with the Russians sacking the Secretary of State via Trump. Stocks fell alongside oil prices as Treasuries rallied and the USD fell against the majors. The so-called recovery from the January correction is not yet confirmed here with expected falls in Asia this morning.
The economic calendar heats up today with the trifecta of Chinese releases, namely FAI, retail sales and industrial production that will be Aussie dollar and stock sensitive.