The Australian dollar is firm this morning:
Bonds yields are breaking down:
XJO is struggling big time:
Big Iron is soft. I’m worried after Brazil’s better July number:
Big Gas better:
Big Gold up and away. NCM not even at new highs.
Big Banks are sinking into the bath of blood:
Hoocoodanode that fiscal tightening, quantitative failure, crashing property and virus outbreaks do not mix well for banks!