Australia Oct commodity index SDR yy 9.1% vs 19.4% prev

Australia Oct commodity index data now out 1 Nov

  • prev revised up from 18.3%
  • commodity index AUD 120.9 vs 121.9 prev revised up from 120.8

Commodity Prices measures the change in the selling price of exported commodities. The commodity sector accounts for over half of Australia’s export income.
Softer headlines tempered slightly by better revisions. AUDUSD currently 0.7658 tightly bound 50-70 for the moment.
Meanwhile the S&P/ASX200 closes up 0.51% at 5939.1

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