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Australian CPI slowed to 4.2% year-on-year in April from 4.6% in March, helped by a temporary cut to fuel sales tax, while trimmed mean inflation rose to 3.4%. The RBA has signaled it will wait for more data before any further rate increase.
Persistent inflation keeps the RBA hawkish, supporting the AUD and raising domestic costs; the impact on feed commodity prices is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.