Australian dollar, ASX hold on grimly

David Llewellyn-Smith

Wednesday, 21 March 2018

The Aussie dollar has tacked on a few points during the day:

Bonds are off:

XJO is modestly up:

Dalian is fading as the day goes on:

Big Iron is dead catting it anyway:

Big Gas is tracking oil. I am not a believer:

Big Gold is mixed. More downside here too:

Big Sleazy is catching a break:

Big Puswad is firm:

And Big Retail is trying to make up its mind:

All is quiet approaching the Fed tonight.

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.