BTC has just reeled to new lows as the exits get jammed:
AUD/USD is soft:
Thanks to the building Aussie bond bid:
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All of that has created a sweet spot for XJO as the falling USD energises a big commodity spruik but the reality of crap Australian growth triggers the bond bid:
Dalian is stable:
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Big Iron is up:
Big Gas too:
And Big Gold, though it remains mysteriously coy, which throws doubt on the USD dive:
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Meanwhile, Big Sleazy is loving the bond bid:
But Big Puswad isn’t enjoying global rate rises!
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Good!