Australian dollar rips to 0.70 cents with everything China

See the latest Australian dollar analysis here:

Macro Afternoon

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.



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