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NZ FinMin Robertson: Spending plans yet to be finalised

New Zealand Finance Minister Grant Robertson is reported by Reuters, as saying that the fiscal spending plans are in process.

Key Points:

Spending plans yet to be finalized

Need revenue, growth outlook for spending plan

Will work through in budget process

Expenditure as a % of GDP will be within the recent historical range

China's Oct CPI mixed, PPI surprises to the upside

China's Consumer Price Index (MoM) (October) came in at 0.1% vs 0.2% exp and 0.5% last, while Consumer Price Index (YoY) (October) was 1.9% vs 1.8% ex
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AUD/USD defends support of 1-hour 50-MA as China PPI beats estimates

The post-housing data drop in the AUD/USD appears to have come to a halt at the 1-hour 50-MA level of 0.7664. As of writing, the pair is trading at 0
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