Australian dollar flushed away

DXY to the moon:

AUD flushed to the lows:

Oil is up with the OPEC cut:

Metals down:

Miners too:

EM stocks were soft:

Junk rolled:

Yields piled higher:

Stocks sank:

It’s US jobs tonight, which is always pretty random., but there are signs of strength in the US economy. GDPNow has bounced bigly:

Driven largely by services:

Which should support the BLS:

However, employment reports everywhere are a random walk for trading purposes so there’s no guarantee.

That said, economic strength is consistent with sticky inflation. The Fed’s Nowcast is still firming: