Macro Morning: NZ parity cometh, cuz

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By Chris Becker

Several firsts/records overnight on markets, with WTI oil cracking below $60, Greek stock markets now down 20% this month so far and a Aussie dollar new monthly low at the 82 cents level is threatened via a late to the party Glenn Stevens talkfest. Plus another near-enough first that I’ll show at the end.

These monthly charts look eerily similar (and I’m sure monthly iron ore shows a similar path):

Chart CL-OIL, MN1, 2014.12.11 21:39 UTC, VantageFX Pty Ltd., MetaTrader 4, Real
Chart AUDUSD, MN1, 2014.12.11 21:30 UTC, VantageFX Pty Ltd., MetaTrader 4, Real
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