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  • ANZ Commodity Price Index: Mixed results

    From anz.co.nz Story is in PDF Format

    The ANZ World Commodity Price Index eased 1.0% in the first month of 2023. Movements were mixed. Meat, forestry and aluminium prices lifted, while dairy and horticulture prices eased. In local currency terms the index dropped 1.2%. chart Global shipping prices continued to retreat during January. The Baltic Dry Index is now at its lowest level since June 2020. Demand for shipping has eased, while the supply of ships has increased. While this is encouraging, shipping costs may lift again if manufacturing activity in China picks up after the Chinese New Year holiday break. chart Dairy prices retreated 2.5% ... (full story)

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    MoF: Japan Intervened Twice in Forex Between Oct-Dec 2022; Japan MoF Confirmed Stealth Intervention...

    From @sevenloI|Feb 6, 2023

    tweet at 6:51pm: *Japan Intervened Twice in Forex Between Oct-Dec 2022: MoF *Japan MoF Confirmed Stealth Intervention Took Place on Oct 21, 24: MoF

    FX Market Commentary: Todd Colvin, 2/6/23

    From youtube.com/cmegroup|Feb 6, 2023

    The euro slows its post-FOMC/ECB decline and holds steady near the 1.07 level. Todd Colvin discusses.

    US-EU Minerals Deal ‘Promising’ Route, German Economy Chief Says

    From bnnbloomberg.ca|Feb 6, 2023

    Europe and the US should join forces on common rules on how to organize the market for critical minerals, a top German official said, as the European Union seeks to find ways to ...

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    Will the RBA join the push to go higher?

    From business.nab.com.au|Feb 6, 2023|2 comments

    Friday’s violent market moves in the wake of both the eye-poppingly strong US employment report and sharp bounce in the Services ISM survey, have extended overnight. US Treasury ...

    International Trade in Goods and Services, Australia, December 2022

    From abs.gov.au|Feb 6, 2023

    Key statistics: • The seasonally adjusted balance on goods and services surplus decreased $1,238m in December. • Goods and services debits (imports) rose $445m (1.0%) driven by ...

    Japan Dec real wages post first rise in 9 months on 26-year-high nominal growth

    From channelnewsasia.com|Feb 6, 2023

    Japan's real wages rose in December for the first time since March despite rising inflation, as nominal pay grew at the fastest pace in nearly 26 years with robust winter bonuses. ...

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  • Story Stats
  • Posted: Feb 6, 2023 7:08pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 308
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    NZD ANZ Commodity Prices m/m
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