The AUD is roughly flat through the morning:
Bonds are threatening to break out as the bid booms. Pleased to report we went long a fortnight ago:
And the ASX struggles:
Dalian is flat:
Big Iron is mixed:
Big Gas is sinking again. Spot regional LNG prices are now sliding with oil:
Big Gold is showing some life. You could be forgiven for concluding that there’s short term upside here as the Fed gets dovish:
Big Banks have rolled again:
Big Realty always goes up!
There’s a market regime change underway.