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The Australian dollar rose after June retail sales climbed 1.2% month-over-month, well above the 0.4% forecast, and building permits jumped 11.9%. China's manufacturing PMI fell to 49.3 in July, and traders focused on US PCE inflation data.
Stronger Australian domestic demand supports the Aussie and can lift Australian demand for imported commodities, while weak Chinese manufacturing points to softer industrial demand.
thepoundhub.comAlanJul 30, 2025Not 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.
