The Aussie Dollar (AUD) is struggling against the US Dollar (USD) ahead of the US CPI data release, expected to show a slight inflation rise. A strong inflation print could boost the USD, reducing the chances of a Fed rate cut. The RBA also kept rates unchanged at 4.35%, adding pressure to the AUD.

Australia's consumer price inflation dropped to a three-year low in August, thanks to government electricity rebates and a decrease in petrol prices. The annual CPI rose by 2.7%, down from 3.5% in July, matching market expectations. Core inflation, measured by the trimmed mean, fell to 3.4% from 3.8

🇨🇳 China leads the world with a phenomenal 370 metric tons of gold produced this year. Its dominance in gold production is fueled by extensive mining operations and massive gold reserves. Notably, China’s gold mines are among the largest in the world, and the country’s strong investments in mining

Australia's central bank, led by RBA Governor Michele Bullock, is prepared to raise interest rates further if needed to tackle inflation, which remains high at 3.9%. The RBA aims to bring inflation within its 2% to 3% target range by late 2025. Despite the current policy rate of 4.35%, the RBA ackno

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