Markets Overview
- ASX SPI 200 futures little changed at 7,248.00
- Dow Average up 0.2% to 33,945.58
- FTSE 100 up 0.4% to 7,090.01
- Euro up 0.2% to $1.1938
- Aussie up 0.3% to 0.7554 per US$
- Kiwi up 0.5% to 0.7025 per US$
- U.S. 10-year yield fell 2.6bps to 1.4633%
- Australia 3-year bond yield rose 0.5bps to 0.47%
- Australia 10-year bond yield rose 7bps to 1.59%
- Gold spot down 0.3% to $1,777.64
- Brent futures up 0.1% to $74.99/bbl
Economic Events
- 9am: (AU) June Markit Australia PMI Services, prior 58.0
- 9am: (AU) June Markit Australia PMI Mfg, prior 60.4
- 9am: (AU) June Markit Australia PMI Composite, prior 58.0
- 11:30am: (AU) ABS Australia Preliminary May Merchandise Trade
- 1:15pm: (AU) RBA’s Ellis Speech in Adelaide
- 10:30am: (AU) Australia to Sell A$1 Billion 63-Day Bills
- 11am: (AU) Australia to Sell A$1 Billion 1.25% 2032 Bonds
Other News
An American influencer went viral after he visited the British seaside for the first time – and was less than impressed by the low tide and muddy beach. Nick Alexander, who is known online as ‘Mr Miami UK’ and lives in Wolverhampton, visited Weston-super-Mare and was disappointed to find a long shoreline covered in thick mud. Nick, who expected the white sands of Miami, where he’s from, documented his unhappy experience on video sharing app TikTok where it quickly went viral. In the video, Nick is seen walking down the beach with the caption ‘is this a beach?’. He showed how his feet got stuck in the mud as he attempted to walk to the water, in a series of three videos. Speaking afterwards, Nick said: ‘I thought “where’s the water?” Once I spotted where the water was I thought it was going to be an easy walk to get there. ‘My friend had some family there already and they said you’re not going to make it to the water but I thought they were just being lazy.
