Australian October commodity index report 1 Nov
- prev revised up from +3.1%
- commodity index AUD 100.2 VS 92.9 prev revised up from 92.1
Stronger data reflecting higher prices.
Commodity Indices measure the change in the selling price of exported commodities. The commodity sector accounts for over half of Australia's export income.
AUDUSD currently 0.7655 still underpinned by RBA decision to leave rates on hold.
