AUD/USD flows: Regional equities soft

The weaker than expected Chinese October CPI points toward softer consumer demand. Regional equities opened lower from that weekend headline and was double teamed by the U.S. Department of Commerce’s letter to TSMC on export restrictions to China.

As session progress, most losses in Chinese equity indexes were once erased while HSI remain in the red. AUD/USD is up 0.18% to 0.6594.