Markets Overview

  • ASX SPI 200 futures up 0.2% to 7,242.00
  • FTSE 100 up 0.6% to 7,164.91
  • Euro little changed at $1.1864
  • Aussie little changed at 0.7531 per US$
  • U.S. 10-year yield little changed at 1.4238%
  • Australia 3-year bond yield fell 1bp to 0.37%
  • Australia 10-year bond yield fell 4bps to 1.43%
  • Gold spot up 0.3% to $1,791.82
  • Brent futures up 1.3% to $77.16/bbl

Economic Events

  • 9:30am: (AU) July ANZ Roy Morgan Weekly Consumer, prior 112.2
  • 11:30am: (AU) Weekly Payroll Jobs and Wages in Australia (for June 19)
  • 2:30pm: (AU) July RBA 3-Yr Yield Target, est. 0.10%, prior 0.10%
  • 2:30pm: (AU) July RBA Cash Rate Target, est. 0.10%, prior 0.10%
  • Equity futures rose in Japan and Australia but dipped in Hong Kong. U.S. stocks and Treasury markets were closed Monday for the Independence Day holiday, keeping trading subdued. European shares edged higher and U.S contracts fluctuated in early Asian trading.


Other News

An Indiana man has been banned from Yellowstone National Park for five years after showing up drunk for a group kayaking trip and wreaking havoc when park rangers showed up. Kyle Campbell, 31, was among a group of visitors who were turned away from their scheduled June 21 kayaking trip at the park’s Grant Marina because the guide “thought they were too intoxicated,” according to the National Park Service. The group caused a scene after being denied and the guide called security officers and park law enforcement rangers, NPS said in a press release. Campbell “made threatening comments” at the officers and refused their orders, the release said. He also kicked at them during an ongoing struggle and later resisted arrest, NPS said. Campbell pleaded guilty on June 23 to several charges, including disorderly conduct, threatening and resisting and being under the influence of alcohol and a controlled substance to a degree that may endanger oneself or others. He was sentenced to 60 days imprisonment and banned from the park for five years. “We understand that people are eager to get out this summer and enjoy our national parks; however, this type of behaviour is unacceptable,” said Acting United States Attorney Bob Murray in a statement. “Stay sober, because unruly and intoxicated behaviour will only earn you a spot with the jailbirds rather than enjoying the beauty and adventure of Yellowstone.”