RBA June AUD commodity index report 3 July
- prev revised down from 128.5
- index SDR yy 25.0% vs 30.1% prev down from 32.6%
Commodity Prices measures the change in the selling price of exported commodities. The commodity sector accounts for over half of Australia’s export income.
AUDUSD a tad lower at 0.7671 from 0.7675 on the softer data. Offers/res into 0.7685 with larger at 0.7700. Demand/support into 0.7650.
AUD Commodity Index