According to the ABS, In the March quarter, there were marked increases in prices for food and non-alcoholic beverages (+1.9%), alcohol and tobacco (+1.6%), education (+2.6%), and health (+1.7%). With the FED in action late in the day and deflationary pressures building off the back of the slide in oil prices, the markets will likely brush aside the numbers. While we have seen the Loonie showing some resilience amidst falling crude oil prices, the weekly EIA inventory numbers will also be in focus.