ASX rises as Australian dollar falls on Korean detente

David Llewellyn-Smith

Friday 9 March 2018

Aussie still struggling:

Bonds being sold:

XJO up:

Dalian trying to join the detente:

Big Iron is down anyway. FMG’s beautiful descending triangle is still intact:

Big Gas hosed:

Big Gold is still strong. Now a firm sell for me:

Big Sleazy enjoying risk:

Big Retail relief:

And Big Puswad is mixed with REA flying again on broker upgrades:

How easy is it for those bastards to make money (brokers I mean)!

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.