ASX, Australian dollar fall together

David Llewellyn-Smith

Thursday, 8 February 2018

The Australian dollar continues to fall:

XJO too:

Bonds bidish:

Big Iron is down sharply:

Big Gas too as US shale roars. More to come:

Big Gold too as the USD rebounds:

Big Sleazy is soft:

Puswad is enjoying dead cat moment:

Selling still in the wind.

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.