The Consumer Price Index released by the National Bureau of Statistics of China has been released as follows:

• China January CPI 0.8 pct from previous month (Reuters poll 0.7 pct).
• China January CPI 2.1 pct from a year ago (Reuters poll 2.2 pct).

AUD/USD update

Despite the Aussie calendar events today, including the Reserve Bank of Australia's hawkish Monetary Policy Statement, AUD/USD is staying around flat for the day so far following the Chinese data.