The week’s economic calendar included China’s October CPI and PPI releases, along with Australian consumer- and business-confidence surveys following the RBA’s rate hike to 4.85%. The article also reported that gold, iron ore and copper prices were lower, while oil prices were slightly higher at the start of the week.
Chinese inflation and producer-price data can provide signals about demand and pricing in a major commodity-consuming economy, while Australian confidence readings may indicate how the RBA’s rate increase is affecting domestic demand. The article does not identify a specific feed-commodity supply or demand shift.
Not 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.