Australian dollar swoons on mortgage rate hikes

David Llewellyn-Smith

Thursday 6 September 2018

It’s not just property bears fainting with delight. The AUD is too:

Bonds bid:

ASX hosed:

Big iron is bouncing as Dalian goes barmy:

Big Gas is now in risktown:

Big Gold is sick:

Big Mortgage flat after hikes:

It’s cold shower time for Big Puswad:

Cop that!

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.