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Australia's second-quarter CPI came in at 1.8% quarter-on-quarter, matching expectations, and trimmed mean inflation was 1.5%. The AUD/USD dipped slightly on the data.
Inflation in line with forecasts makes a 50 basis point RBA hike more likely, a modest currency factor with little direct effect on feed prices.
investinglive.comEamonn SheridanJul 27, 2022Not 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.
