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Key Data Being Released Today
| United States – | CPI (YoY) (Sep) | |||
| Initial Jobless Claims | ||||
Macro Report
Markets were mixed overnight ahead of this evenings US inflation data.
Equity markets seesawed, the S&P ending the session lower, bond yields and currencies were in holding pattern ahead of US CPI.
Meeting minutes of the recent FOMC meeting were released mid-US morning. Members stating their determination to continue fighting inflation. However, there was also the undertone of concern for continual rate hikes on the economy.
Also gaining attention has been the rise of COVID cases and resultant restriction in China, although still overshadowed by tonight’s big data release.
AUD/USD Daily Chart
DXY (USD INDEX) Daily Chart
Major Global Markets
| Currencies | Level | Change (%) |
| AUD/USD | 0.6273 | 0.05 |
| AUD/JPY | 92.16 | 0.78 |
| AUD/CNH | 4.5017 | 0.16 |
| DXY | 113.326 | 0.03 |
| Rates | Yield (%) | Change |
| US 10 Year | 3.904 | -0.047 |
| Aus 10 year | 3.982 | -0.035 |
| Equities | Level | Change (%) |
| S&P 500 | 3577 | -0.33 |
| NASDAQ | 10417 | -0.09 |
| ASX 200 | 6648 | 0.04 |
| Commodities | Level | Change (%) |
| Iron Ore | 96.13 | -0.87 |
| Gold | 1681.50 | -0.35 |
| Brent Crude oil | 92.36 | -1.95 |