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Australia's May headline CPI came in at 2.1%, below the 2.3% forecast, and trimmed mean inflation fell to 2.4%. Markets priced about a 90% chance of an RBA rate cut in July, and the AUD was little changed.
Expected RBA easing tends to weigh on the Australian dollar, which can make Australian exports cheaper in US dollar terms, but the impact on feed commodity prices is modest.
marketpulse.comKenneth FisherJun 25, 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.
