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Australia's ASX200 closed at a 10-month high of 7,538 points on December 20, following a strong Wall Street session and growing bets on 2024 US rate cuts. Airbnb was separately ordered to pay a A$15 million penalty after the Federal Court found it misled Australians.
The equity rally reflects easing rate expectations, a general risk-on backdrop that can mildly support commodity demand, but the article offers no direct feed supply or price signal.
abc.net.aubusiness reporter Gareth HutchensDec 19, 2023Not 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.
