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The Australian dollar rose to multi-week highs on comments from the RBA, while the DXY was firm and the euro soft. Iron ore miners sagged, commodities were mixed, and EM stocks rallied.
A US Chicago PMI miss and stronger-than-expected eurozone inflation were also reported.
Routine market commentary with a currency-led move and no direct feed-commodity driver. Limited direct effect on feed prices.
macrobusiness.com.auHouses, HolesAug 31, 2021Not 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.
