• GOLD 2,438.60 ▲ 0.42% SILVER 31.12 ▲ 0.18% OIL 81.64 ▼ 0.31% COPPER 4.57 ▲ 0.66% DXY 104.20 ▲ 0.09% US10Y 4.28% AUD/USD 0.6621

    GOLD 2,438.60 ▲ 0.42% SILVER 31.12 ▲ 0.18% OIL 81.64 ▼ 0.31% COPPER 4.57 ▲ 0.66% DXY 104.20 ▲ 0.09% US10Y 4.28% AUD/USD 0.6621

Operating Environment Intelligence

OEI™ Dashboard

The Operating Environment Index measures the macroeconomic, liquidity and market conditions shaping the resource-investment backdrop.

LAST UPDATED • 04 AUGUST 2026

OEI™ COMPOSITE SCORE

62 / 100

CURRENT ENVIRONMENT • IMPROVING

Environment • Constructive
Trend vs Previous Period • Improving

Operating Environment Pillars

Qualitative research signals only. Proprietary formulae, calculations and weightings are intentionally not disclosed.

Inflation

Improving

Real Rates

Neutral

Liquidity

Improving

US Dollar

Watch

Commodity Cycle

Strong

CENTRAL BANK MEETING

FOMC • 18 Sep
Expected hold • Risk: medium

ECONOMIC CALENDAR

US CPI • Thu 20:30 AEST
Consensus 3.1% • Prior 3.3%

MACRO REGIME

Liquidity constructive
USD easing • Commodities supported

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