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Australian annual inflation rose to 3.2% in the September quarter, with trimmed mean inflation at 3% and a 1.3% quarterly rise. Markets sharply cut the odds of an RBA rate cut at the next meeting and by Christmas.
Tighter Australian monetary policy supports the Australian dollar, which affects Australian wheat and barley export competitiveness and sentiment in global grain pricing.
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.