Loading…
Australian consumer price inflation in Q3 rose 1.2% quarter on quarter, above the 1.1% forecast, and annual inflation eased to 5.4%. Markets raised the odds of an RBA rate hike next month, and the Australian dollar rose 0.6%.
Sticky inflation raising rate-hike odds strengthens the AUD and tightens financial conditions, with limited direct impact on feed commodity prices.
fvbb.comOct 25, 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.
