Latest data released by the RBA - 3 December 2018

  • Prior +13.1%; revised to +14.9%
  • Commodity price index (AUD terms) 122.1
  • Prior 121.7; revised to 123.7

The data point measures the change in selling prices of those commodities exported by Australia. The revision to October makes this month's reading a tad softer but in general for the year rising commodity prices has been one of the few helping hands in sustaining the Australian economy.

AUD/USD is now at 0.7364, still upbeat following positive risk tones from the Trump-Xi meeting.