The Australian S&P/ASX 200 Index extended its gains after the release of inflation data and recently rose 0.6%. Australia's domestic inflation rate data was lower than expected. After the data was released, the Australian dollar fell 0.25% against the US dollar to 0.6721 US dollars.

The Australian S&P/ASX 200 Index extended its gains after the release of inflation data and recently rose 0.6%. Australia's domestic inflation rate data was lower than expected. After the data was released, the Australian dollar fell 0.25% against the US dollar to 0.6721 US dollars.