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The Australian dollar fell toward 76 US cents after weak inflation data widened the yield spread against the US. New Zealand's currency also weakened on immigration-policy changes.
Australian bonds rallied as yields fell.
A weaker AUD is mainly a currency and rate-spread story with limited direct consequences for feed commodity supply or prices.
macrobusiness.com.auHouses, HolesOct 25, 2017Not 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.
