5 Things that Grabbed my Attention
1. Poor crop prospects out of Brazil and high demand is seeing COFFEE futures making fresh record highs….Up another 6% overnight.
2. ABS reported the Aussie inflation rate is running at 2.1% pa….Electricity prices plunging 35% due to the $300 bill rebate was the major reason why inflation has pulled back – so it is a fake dip; rents for example are up 6.7% and probably significantly more for most people.
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