• AUD/USD flat Thur in Asia, trading subdued ahead pivotal U.S. inflation data

• U.S. Aug PPI due Thur (poll +0.4% m/m), CPI Fri (poll +0.4% m/m, +3.4% y/y)

• Futures pricing implies 60% chance FOMC hikes FFR 25 bps on Sep 16

• U.S. & Iran undertake biggest shipping attacks since start of the war

• Brent crude +0.1% to $101.33 a barrel, highest levels since May 22

• AUD target 0.72825 50-month high, break above raises topside potential

• Range Asia 0.7213-23 support 0.7122 0.6920, resistance 0.72825 0.7661
AUD Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)