Australian PPI YoY (Q4) Y/Y 3.5% (Prev. 3.5%)
The Australian PPI YoY reading of 3.5% for Q4 matches the previous figure, indicating stability in producer prices.
US President Trump says he plans to have talks with Tehran and there are big, powerful ships going to Iran, he hopes they don't have to use them
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Apple suppliers in focus following record iPhone sales
Australian PPI YoY (Q4) Y/Y 3.5% (Prev. 3.5%)
PBoC is expected to set USD/CNY mid-point at 6.9459 (prev. 6.9771)
US President Trump says have a team headed to Iran
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This reinforces the notion that inflationary pressures in Australia may not be intensifying, which can influence the Reserve Bank's monetary policy outlook. Consequently, markets may interpret this data as supportive of a cautious approach towards rate increases, potentially impacting the AUD and broader risk sentiment.
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