Markets Overview
- ASX SPI 200 futures up 0.3% to 7,276.00
- Dow Average up 0.4% to 34,996.18
- FTSE 100 little changed at 7,125.42
- Euro down 0.1% to $1.1860
- Aussie down 0.1% to 0.7479 per US$
- U.S. 10-year yield little changed at 1.3628%
- Australia 3-year bond yield fell 4bps to 0.31%
- Australia 10-year bond yield fell 4bps to 1.32%
- Gold spot down 0.1% to $1,805.67
- Brent futures down 0.4% to $75.26/bbl
Economic Events
- 9:30am: (AU) July ANZ Roy Morgan Weekly Consumer, prior 107.8
- 11:30am: (AU) June NAB Business Conditions, prior 37
- 11:30am: (AU) June NAB Business Confidence, prior 20
- 11am: (AU) Australia to Sell A$100 Million 0.75% 2027 Bonds
- U.S. stocks end on another record high ahead of earnings
- Treasuries little changed amid auctions; dollar gauge rises
Other News
A one-of-a-kind bubble house in Australia has hit the market for $1.5 million. Like a scene out of “Willy Wonka and the Chocolate Factory”, this architectural sanctuary, located in Ipswich, Queensland offers a sports bar, media room and even a semi-circular library. Designed by Australian Architect, Graham Birchall, the property is made up of 20 rooms and spreads across three floors in 11 intersecting circular domes — the only one like it in the world, according to Jam Press. The domes took nearly 10 years to build and are made up of over 350,000 wire ties covered in a thin layer of cement. Unique features of the home include a custom-made kitchen crafted by a traditional master boat builder, special circular iris shutters in the windows, a water cooling fountain and a wood-burner.
