More record highs for global stocks as ASX black hole expands

David Llewellyn-Smith

Monday 30 October 2017

DXY roared Friday night and the future is up:

AUD crashed but rebounded on news that Jerome Powell is now Fed favourite. EUR is weak as Catalonia disintegrates:

Against EMs, AUD was mixed:

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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.