![]() Here are some ways this can help improve your workflow. ![]() LUTs are a great way to export your grade for use on devices or any compatible software. Having broken supports our attentions turn now to Euro area CPI inflation data and US ISM manufacturing data as key macro markers ahead of Friday’s all-important non-farm payroll print.Create and export 3D LUTs using FilmConvert The AUD fell steadily through the early hours of the overnight session marking intraday lows at US$0.6460 before finding support and clawing back to trade at US$0.6501 at open this morning. With the USD pushing above 7.13 against the yuan, weakness spilled into the AUD forcing a break below US$0.65. Copper prices closed the month down 5.5% while Brent Crude gave up 8%. The miss adds to growing uncertainty surrounding China’s post covid recovery and fostered another run on the Chinese yuan while driving commodity prices lower. China PMI data printed below expectations as manufacturing activity slid further into contractionary territory while non-manufacturing activity continued its modest fall following a short-term post covid rebound. An uptick in domestic CPI inflation data elevated calls for the RBA to lift interest rates again in June, yet had little impact on the AUD. The Australian dollar extended its precipitous fall on Wednesday, crashing through US$0.65 as equities commodities and the Chinese yuan combined to foster another break of supports.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |