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Your shout! Dalian is up again today another 2% and so is big iron with BHP 1.9%, RIO 1.4% and FMG 1.8%:

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Big gas is dancing on the tables with WPL 2.8%, OSH 1.4%, ORG 4.6% and STO 3.2%:

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Big gold is mixed with NCM -2%, RRL 0.6%, IGO 5%, SBM -2.6% and EVN -0.2%:

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Banks are holding up the bar with CBA 1.1%, WBC 1.8%, NAB 2.7%, ANZ 2.4%, BOQ 2.2%, BEN 1.5% and MQG 1.6%:

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I’m pleased to say that McGrath has still not been permitted entry to the Bacchanal, hovering around its lows.

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.