The Aussie dollar is powering on through the afternoon:
Bonds continue to misprice inevitable RBA action:
Stocks are stalled:
Big iron is on fire:
Big gas too:
Actually it’s all dirt, including gold, tossed up by the Fed for now:
Banks are sagging on the Hayne pain:
Realty is going nowhere:
Australia’s strange bust with a mining boom rolls on.
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Australian dollar hammered as China bans Aussie coal
Well, don't say we didn't warn you. Via
Big Bill's bazooka shoots down Australian dollar
Rocks everything actually. The AUD moonshot on
Australia dollar marks time on neutral Fed
DXY fell last night as EUR and CNY
Europe and China launch Australian dollar
DXY sank last nigh as CNY and EUR
Floating like an iron terd 😀
Only thing we’re good at 😉
Napoleon Perdis makeup the latest retail brand to enter administration
https://www.abc.net.au/news/2019-01-31/make-up-chain-napoleon-perdis-the-latest-retail-brand-to-enter-/10767230
Gee, you couldn’t make it up. I am sure Napoleon is busy plotting his escape from the Isle of Elba.
Realty is going nowhere…nor is reality….I see cooked spruikers
Go you good thing, you little Aussie Slapper
Something I always wonder – how does all this mining money actually flow into the economy? Most of the mines are owned by companies foreign owned and I don’t see them building new mines anytime soon? Does it actually translate into wages for Aussie workers? I’m not sure of any of these transmission mechanisms now that the “investment” phase is over.
I think we needed AUD higher, market to let long and then come off
My feeling is we aren’t too far away from the high
I’d very interested to know if market has turned slightly long
HNH what do you think ????