July CPI lands at 3.5%: Headline inflation eased from 3.8% but beat forecasts of 3.3%, keeping RBA's rate-hike trigger finger itchy. Underlying inflation flat at 3.6%: The trimmed mean—the RBA's preferred gauge—refused to budge, a red flag for policy watchers. Markets price 80% chance of hike: Bond traders scrambled after the data, now pricing a move as early as September. Euro trade deal hits snag: Coalition threatens to block EU-Australia FTA over climate...
