Source | |
Measures | Change in the global price of exported commodities; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 3 days after the month ends; |
Next Release | |
FF Notes | Tends to have a muted impact because the tightly-correlated Australian commodity prices are usually released a few days earlier; |
Derived Via | The average price of the nation's main commodity exports are sampled on the global market and then compared to the previous sampling; |
Also Called | Commodity Price Index; |
Acro Expand | Australia and New Zealand Banking Group (ANZ); |