The AUD is still off a little after weak Kiwi inflation but its chart is clearly bullish:
That has the XJO’s little miracle revival:
Bonds are selling after an earlier bid that saw parity with US rates return briefly at the short end:
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Big Iron is firm:
Big Gas too:
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Big Gold is starting to believe. I’ve missed this rally with a little more ahead. I also expect the AUD to weaken as the year deepens so the shiny stuff may still be OK when the USD turns. Beware the end of cycle shock and USD rebound!
Big Sleazy is on the nose:
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As is Big Puswad which has formed a very healthy downtrend:
Couldn’t happen to nicer folks!
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