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Australia's core inflation slowed, leaving the door open for a February rate cut. The Aussie dollar slipped 0.34% to $0.6214, and swaps implied a 64% chance of a cut, up from 50%.
Expected RBA easing supports a weaker Aussie dollar, which can make Australian wheat, barley and sorghum slightly cheaper for overseas buyers.
reuters.comJan 8, 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.
