The Aussie dollar took a bit of pain following the sagging Caixin China PMI:
Bonds are bid:
XJO is not:
The iron ore rally has reached hysterical proportions. There will be no shortage of it this year as Rio Minas returns, Vale manages its spare capacity, the Pilbara pumps a bit more and China slows:
It’s a good time to take profits on these:
Big Gas is down:
Big Gold is mixed:
Big Banks still in the Hayne pain:
Big Realty looks a bit more perky perhaps sniffing an RBA capitulation:
She’s all over the place.
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Wrongly wrong on the Australian dollar!
DXY has broken out and is flying as EUR and CNY
Aussie bonds explode as RBA emergency rates to get emergencier
Wohohoho! Record low yields everywhere as RBA
Australian dollar sags as US stocks hit record highs
DXY looks about to break out with both EUR and
Goldman: Aussie dollar to rise
I hate agreeing with Goldman, especially on
Hayne is out. Let the rumour mills go into overdrive.
The poo is on a string and she ain’t doing “walking the dog”
I believe it’s a “side-mount correction”.
https://yoyotricks.com/yoyo-tricks/side-mount-corrections/211/?tag=First-50