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Australian Commodity Prices (Aug YY) 15.5% (Prev. 15.4%)

StockNow breaking-news AI analysis

Australian commodity prices rose 15.5% year-over-year in August 2026, sustaining inflationary pressures alongside higher fuel costs and persistent Reserve Bank of Australia monetary tightening risks.

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Today's market highlights

A selection of stories drawing attention in the market.

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Geopolitics

Iranian President says that "we will abide by the agreement if America does", Al Jazeera reports citing ISNA; ⁠"Iran will immediately reciprocate if ⁠the US fulfils its commitments under ‌an interim deal signed in June"

Geopolitics

Two oil supertankers were reportedly hit by projectiles in the Strait of Hormuz, reports citing Marisks suggest (details light)

FX/Bonds

[MARKET UPDATE] DXY moves to fresh session highs (99.54), weighing on peers such as EUR & GBP; USD/JPY heads back towards the 160.00 level; move appears to be contained within the FX space