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AUD/JPY, WTI crude oil: Israel-Hamas conflict, inflation reports to set the tone
When it comes to AUD/JPY, both sides of the currency pair will receive important inflation reports this week, potentially setting the tone for near-term tweaks to monetary policy settings from the Reserve Bank of Australia (RBA) and Bank of Japan (BOJ) in the coming weeks. Full rate hike priced in from RBA In Australia, the data highlight will undoubtedly be the release of Q3 consumer price inflation (CPI) on Wednesday, especially after hawkish commentary in the minutes of the RBA’s October monetary policy meeting released last week, and repeated by new governor Michele Bullock a day later, saw rates markets move ... (full story)