Markets Overview
- ASX SPI 200 futures down 0.1% to 7,261.00
- Dow Average up 0.1% to 34,933.23
- Aussie up 0.5% to 0.7482 per US$
- U.S. 10-year yield fell 6.9bps to 1.3475%
- Australia 3-year bond yield rose 2bps to 0.32%
- Australia 10-year bond yield rose 1bp to 1.34%
- Gold spot up 1.1% to $1,827.58
- Brent futures down 2.5% to $74.54/bbl
Economic Events
- 11am: (AU) July Consumer Inflation Expectation, prior 4.4%
- 11:30am: (AU) June Part Time Employment Change, prior 17,700
- 11:30am: (AU) June Full Time Employment Change, prior 97,500
- 11:30am: (AU) June Employment Change, est. 20,000, prior 115,200
- 11:30am: (AU) June Participation Rate, est. 66.2%, prior 66.2%
- 11:30am: (AU) June Unemployment Rate, est. 5.1%, prior 5.1%
- 11:30am: (AU) June RBA FX Transactions Other, prior -A$379m
- 11:30am: (AU) June RBA FX Transactions Government, prior -A$826m
- 11:30am: (AU) June RBA FX Transactions Market, prior A$809m
Other News
Say cheese! Kraft Macaroni & Cheese and Brooklyn-based Van Leeuwen Ice Cream are uniting two of the ultimate comfort foods into — you guessed it — mac and cheese ice cream. The companies promise “a cool, creamy scoop of ice cream that brings that comforting, nostalgic feeling from a warm bowl of Kraft Macaroni & Cheese,” according to a news release. Just in time for National Macaroni & Cheese Day, the limited edition cheesy concoction will hit shelves at Van Leeuwen shops in New York City, Los Angeles and Houston on July 14, as well as online at vanleeuwenicecream.com starting at 11 a.m. Eastern that day. It will cost $12 a pint and be available as long as supplies last.
