Oz Blog News Commentary

Macro Afternoon

August 11, 2022 - 17:00 -- Admin

Asian stocks are in solid buying mode today as risk markets react positively to the “not too bad, all things considering” inflation print in the US overnight as Wall Street bounced nearly 2% dragging everything else higher as USD sunk. Yen remains strong while the Australian dollar is pushing up against the 71 cent level.

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