Australian dollar, ASX fall away as Hayne approaches

David Llewellyn-Smith

Thursday, 27 September 2018

AUD is down this morning as ABS job vacancy data softened and Chinese industrial profits pulled back sharply:

Bonds are bid:

Stocks are down:

Dalian flat:

Big Iron off:

Big Gas too:

And Big Gold:

Big Mortgage is no-go zone approaching Hayne tomorrow:

Big Realty soldiers on:

Uninspired at best.

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.