Macro Morning

Advertisement

By Chris Becker 

A big night on risk markets with stocks breaking out of their funk on Wall Street, helped along by the notion that Trump maybe visiting the Chinese Premier next week. This lifted commodities across the board and their proxies, including the beleagured Australian dollar, while dovish comments from Super Mario saw interest rates fall with 10 year Treasuries sharply down to the 2% yield level and German Bunds to record lows.

The economic calendar is relatively quiet in Asia today with the local Westpac Leading Index first up this morning.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe