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The Australian dollar spent much of last week holding comfortably in the mid-0.71s before buckling under the weight of higher US yields and a softer labour market report. The Australian dollar faces a defining week. Read more…
Markets Energy prices dropped last Friday with textbook positive spillovers to core bond and equity markets. Stocks rose up to around 1% on Wall Street (Dow Jones). The US Treasury curve bull steepened with yield Read more…
In focus today The data calendar for today is empty, so we will focus on the ECB President Lagarde’s speech at the European parliament in the afternoon. With the turmoil in the bond markets in Read more…