MarketWatch APAC
Aussie interest rate markets jumped sharply yesterday after the release of key May inflation data, coming out higher than expected.
This led to a lower ASX 200 based on expectations of an RBA hike becoming more likely later in the year.
US equities were higher with the S&P 500 gaining 0.2%, while the US dollar was stronger, posting levels against the JPY not seen since the 80s.
The Aussie dollar moved higher despite a stronger, USD rising from a low of 0.6636 to a high of 0.6689 on the inflation data, before giving back most of the gains overnight to finish around 0.6550.
