See the latest Australian dollar analysis here:
Not much for for Aussie assets today as the Australian dollar falls away:
XJO is down moderately but still has a bullish chart:
Bonds are bid:
Dalian is flat so far:
Big Iron has woken in fright from discounting only lollypops and rainbows. FMG at new highs as this unfolded was truly bizarre stuff. Plenty more downside here:
Big Gas is partying on…well…something invisible:
The technical pattern I invented the other day called “four black crows” has sunk Big Gold:
Big Zombie is spewing its cut price cash:
As Big Realty rotates from REA to DHG:
Not much of a market unless you’re positioned offshore!
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.