- ASX SPI 200 futures little changed at 7,270.00
- Dow Average down 0.4% to 34,447.14
- Aussie down 0.2% to 0.7730 per US$
- U.S. 10-year yield fell 4.7bps to 1.4874%
- Australia 3-year bond yield fell 2bps to 0.26%
- Australia 10-year bond yield fell 4bps to 1.57%
- Gold spot down 0.2% to $1,888.85
- Brent futures down 0.2% to $72.04/bbl
Asian stocks look set for a steady start Thursday after Treasuries rallied and U.S. equities edged lower ahead of an American inflation report that may provide clues on the direction of monetary policy. The S&P 500 continued to flirt with a record high before slipping, continuing a pattern of range-bound trading also evident at a global level. The 10-year Treasury yield fell below 1.5% for the first time in a month, helped by a strong auction. The rate on the U.S. long bond dropped to a level unseen since March.
An Australian fisherman redefined “extreme angling” after bravely fending off three sharks that were trying to steal his catch. “Fearless” sportsman Cooper Watson told Dogtooth Media he was lucky he was not bitten himself during the attack, which occurred Sunday while the 21-year-old was fishing off the Cocos Islands, as seen in this wild video. The jaws-dropping clip starts off innocuously enough with Watson handling a trevally he caught while standing in clear thigh-high water. All of a sudden, a blacktip reef shark zooms into frame and attempts to snatch the fish out of his hand like a SeaWorld dolphin, prompting the fisherman to cry out in surprise. Fortunately, he doesn’t drop the trevally.