Australian recession Commodities Global Macro

Mining GFC roars back to life

David Llewellyn-Smith

Monday, 8 February 2016

After one day off it’s baaaack. Following the solid US jobs report, the US dollar firmed:

Commodity currencies took it in the neck:

Oil faded:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.