Comments given to Reuters on markets today

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1- Yearly CPI was in line with estimates, waving through Fed interest rate cuts for next week.

>> A 0.25% cut is expected, and it came at the same time as Blackstone saying it thinks the Fed can achieve a soft landing as inflation is basically at target.

>> Goldman Sachs' CEO hinted that the Fed might cut rates by 0.5%.

2- Both Presidential candidates and Fed cuts are supporting green and gold commodities.

>> The US Presidential election stirs up the need to push the green energy button, fueling gains in green energy in the US overnight and in APAC, and on the ASX today, with uranium, lithium, and gas stocks surging, as both parties are willing to focus on green energy of sorts.

>> The US election banter is also driving up gold. Why? Well, both parties are talking about what they're going to support, and that means higher US debt levels. That’s a huge concern for financial markets as debt to GDP is already high.

Markets traditionally rally in rate cut cycles, and commodities tend to benefit as well.

They are lifting on the back of a soft landing being likely, and rate cuts being ushered through.

Markets now see the RBA cutting rates by 1% over the next 12 months, with inflation expected to ease.