Australian dollar rips to 0.70 cents with everything China

The Australian dollar is punching towards 0.70 cents this morning:

Bonds are getting absolutely smashed:

XJO is flat:

Dalian is romping higher:

With Big Iron:

Not so much Big Gas:

Big Gold is falling:

Big Banks are hanging on but if this China trade deal trade runs they’re going to get clubbed like baby seals as yields rise

Big Realty is far from confident:

It’s the everything China rally as the trade war “ends”. Good luck with that.

 

Comments

  1. Incompetent RBA should have done 50points….would have been ahead of the curve…AUD just dont wanna fall…