JYNFF - Australia Reports A Record Trade Surplus Despite China's Boycott

• The markets are mostly in a holding pattern so far today, ahead of tomorrow's US jobs data and the PMI services and final composite readings.
• Australia's 2-year continues to flirt with zero, but the Australian dollar, helped by a record trade surplus, is leading the major currencies higher, with the other dollar-bloc currencies in tow.
• The eurozone's July PPI rose by 2.3%, well above expectations, and appears to be the largest monthly increase on record.

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