by Chris Becker
Like the upcoming election on the weekend, today’s effort on the ASX was at first compelling, then eliminated all interest as a scratch session was locked in for the weekend events. In other bourses across Asia, the Nikkei is up 0.6% even as the Yen strengthens slightly against the USD in the last few hours on a slightly less deflationary than expected CPI print this morning:
While gold is having another attempt at breaking to new highs, bid up past $1330USD per ounce in the last hour or so before The City opens. If it can close the week out above its Brexit high, the gates are open for a new bull market: