Loading…
The Australian dollar fell to a two-week low of about 0.7396 after weaker-than-expected Chinese manufacturing data. Iron ore futures slid to their lowest level in seven months.
Weaker Chinese factory activity lowers demand for Australian commodity exports, which pressures the AUD and signals softer global industrial demand.
straitstimes.comJun 1, 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.
