Markets Overview
- ASX SPI 200 futures up 0.2% to 7,315.00
- Dow Average little changed at 34,599.82
- Aussie down 0.2% to 0.7738 per US$
- U.S. 10-year yield fell 3.5bps to 1.5347%
- Australia 3-year bond yield fell 1bp to 0.28%
- Australia 10-year bond yield fell 3bps to 1.61%
- Gold spot down 0.3% to $1,893.13
- Brent futures up 1.1% to $72.26/bbl
Economic Events
- 10:30am: (AU) June Westpac Consumer Conf SA MoM, prior -4.8%
- 10:30am: (AU) June Westpac Consumer Conf Index, prior 113.1
- 9:30am: (AU) RBA’s Kent Gives Speech at Online Webinar
- 11am: (AU) Australia to Sell A$1 Billion 1% 2031 Bonds
- S&P 500 closed near record; dollar rose as CPI data approaches
- WTI back at $70; Bitcoin falls as crypto weakness continues
Other News
Authorities in Australia, New Zealand, the U.S. and Europe said Tuesday that they’ve dealt a huge blow to organized crime after hundreds of criminals were tricked into using a messaging app that was being secretly run by the FBI. Police said criminal gangs thought the encrypted app called ANOM was safe from snooping when, in fact, authorities for months had been monitoring millions of messages about drug smuggling, money laundering and even planned killings. The app was part of a worldwide sting called operation Trojan Shield, which was led by the FBI and involved the U.S. Drug Enforcement Administration, the European Union police agency Europol and law enforcement agencies in more than a dozen countries.
