Australian dollar ignores better Aussie data

The Australian dollar waltzed right through the building approvals spike like it wasn’t even there, quite rightly given it is a rogue number:

Bonds are bid after last night’s bath:

The threatened ASX double top appears to have been the pause that refreshes:

As Dalian rips on BHP’s news:

And Big Iron goes bonkers:

Big Gas west is up but Big Gas east is not. STO and ORG look like outright shorts on political risk to me:

Big Gold is mixed:

Big Banks are up with the curve steepening:

Big Realty is mixed too:

The lucky country once more.


  1. All around the mulberry bush,
    The monkey chases the weasel.
    The monkey stopped at some IO ports.
    Pop! Goes the shorts!