The consumer price index for July is due on Wednesday and markets are pricing in just a 3 per cent chance of a rate rise next week to 4.35 per cent. The strong retail data boosted consumer discretionary stocks, led by a rally in Tabcorp, which climbed 5 per cent to $1.06 as the shares recovered from last week’s slide. Flight Centre increased 2.1 per cent to $22.18 and Harvey Norman was up 1.6 per cent to $3.82. Wesfarmers also rose 2.2 per cent to $52.10 after Goldman Sachs and Macquarie upgraded the shares to neutral and outperform, respectively. Asian...