# Australian dollar jumps with energy - MacroBusiness

> The Australian dollar rebounded on 30 September as oil and gold rose while base metals fell on weaker Chinese growth. The US Congress passed a stopgap spending bill to fund government through 3 December. US and Eurozone data were mixed, with German CPI hitting 4.1%.

- Date: 2021-09-30 · published 2021-09-30T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/45325-australian-dollar-jumps-with-energy-macrobusiness
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Routine market wrap with no new feed-relevant supply shock. Firmer energy prices can modestly support biofuel-linked vegetable oil and feed costs.

## Read by commodity

- WTI: bullish ▲
- AUDUSD: bullish ▲

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2021/10/australian-dollar-jumps-with-energy/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.