Loading…
Australian employment grew faster than expected, reducing the chance of early RBA rate cuts. The Australian dollar edged up 0.2% to $0.6781 while bond futures fell.
Markets trimmed the probability of a December easing to 62%.
Stronger Australian labour markets keep the RBA restrictive, supporting the AUD, with little direct impact on grain or oilseed prices.
reuters.comStella QiuSep 19, 2024Not 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.
