Technical Analysis

There was a second CPI data point from Australia, came in at a rocketing 8.1% (from 7.3%)

Q4 inflation data is here, it was very ugly

Out at the same time was the data for the month of December. Not the quarter, just the single month.

  • CPI hit 8.4% in the December month, up from 7.3% in November

Its just getting uglier and uglier ….

Here’s a spot on take from an Australian analysts (a good one):

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