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Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Australia’s second-quarter inflation drops to lowest since March 2021, supporting case for rate cut Inflation continued to ease in the second quarter, raising bets that the Australian central bank will deliver a rate cut next month. UBS says stronger consumer sentiment and a relatively resilient Australian economy are helping fuel dealmaking. The latest CPI data takes the pressure off the Reserve Bank of Australia to raise interest rates at its next policy meeting.

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The iShares MSCI Australia ETF (EWA) is an exchange-traded fund that is based on the MSCI Australia index, a market-cap-weighted index of Australian stocks. We tested our Audio ML technology with English-voice users to reduce policy-violating behavior in Voice Chat through real-time user feedback, education and consequences. We introduced a Developer Console tool to help creators debug and solve issues with memory usage and memory leaks. We expanded profiling capacity with new features in our Script Profiler to help creators. We provided creators with the ability to create custom textures for meshes using natural language prompts and rapidly prototype new looks.

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The iShares MSCI Australia ETF, which has generated respectable returns of 14% over the past year, is still lagging other developed markets and global stocks in a big way. We expanded publisher eligibility for Immersive Ads and launched Brand Suitability controls, which allows advertisers to choose between eligible categories of experiences to show their Immersive Ads. We introduced a new curation unit to recommend new experiences to people on Roblox every day. We made physics debugging easier by allowing creators to pause physics simulations in Studio We made improvements to physics on our platform, enabling more accurate interactions between fluids and forces.

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