DXY is up.
So is AUD.
And CNY.
Gold is unstoppable. Oil screwed.
Metals confused. 
Miners rising debasement out of the bear market but the iron ore challenge looms.
EM to the moon.
Junk less worried.
Yields down.
Stocks up.
Not much data again. More soothing from the loon on trade but today’s gong goes to Kevin Rudd.
Mr Trump was asked if Dr Rudd’s comment – that Mr Trump was the “most destructive” president in US history during his first term in office – had coloured his view of Anthony Albanese‘s government.
Mr Trump shrugged off the comment, saying “I don’t know anything about him.”
However he went on to suggest that if Dr Rudd had made some criticisms, then “maybe he’ll like to apologise.”
He asked if Dr Rudd, who was also sitting at the table, was “still working” to which Mr Albanese said he was.
When it was pointed out where Dr Rudd was, Mr Trump laughed and said: “I don’t like you and I probably never will.”
After the meeting, he was seen approaching Mr Trump and apologising.
About time. Now pull him out.
Australian geography is important to Pax Americana, but there is no need to jeopardise it with a notoriously fickle president. The AUD agrees, with the caveat that the correlation is not causation.
Down with Kevin Rudd!
