Australia’s Fair Work Commission (FWC) has announced a 3.5% increase to the national minimum wage, effective from July 1, 2025. The decision directly impacts approximately 2.6 million of the country's lowest-paid workers and comes at a time when inflationary pressures are receding, giving policymakers room to support real income growth without reigniting price instability.

Financial markets are on edge as they await one of the most volatile trading days since March 2023. The upcoming release of U.S. inflation data (Consumer Price Index, CPI) has captured the attention of traders and analysts worldwide. Consumer price data could be a decisive factor in shaping the Federal Reserve's future monetary policy and market sentiment.