Hopf Modules and Noncommutative Differential Geometry

We define a new algebra of noncommutative differential forms for any Hopf algebra with an invertible antipode. We prove that there is a one to one correspondence between anti-Yetter-Drinfeld modules, which serve as coefficients for the Hopf cyclic (co)homology, and modules which admit a flat connection with respect to our differential calculus. Thus we show that these coefficient modules can be regarded as ``flat bundles'' in the sense of Connes' noncommutative differential geometry.