[MARKET UPDATE] ASX 200 hits fresh record highs amid the positive risk appetite and recent gains in commodity prices, while AUD/USD is underpinned following the jobs data
The ASX 200's move to record highs signals strong risk appetite, likely fueled by recent commodity price gains, which are critical for the Australian economy.
[MARKET ANALYSIS] Oil prices take a breather after rallying yesterday by more than 4% on US-Iran frictions
RBNZ Assistant Governor Silk says the easing cycle is likely over and there are risks on either side, adds maintaining accommodative policy for a while aligns with economic conditions
[MARKET UPDATE] ASX 200 hits fresh record highs amid the positive risk appetite and recent gains in commodity prices, while AUD/USD is underpinned following the jobs data
WSJ's Timiraos notes regarding the January Fed meeting minutes that it was interesting there was no date specified for when inflation gets to 2%, and instead minutes states that forecast is "slightly higher, on balance"
Two Israeli defense officials said that significant preparations were underway for possibility of a joint strike with the US against Iran, according to NYT
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Additionally, the underpinning of AUD/USD suggests market confidence following positive jobs data, which may influence trader positioning and expectations around the RBA's future decisions on interest rates.
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