Markets Overview

  • ASX SPI 200 futures up 0.4% to 7,448.00
  • Dow Average up 0.7% to 34,814.39
  • Aussie up 0.2% to 0.7333 per US$
  • U.S. 10-year yield rose 1.8bps to 1.3022%
  • Australia 3-year bond yield fell 3bps to 0.20%
  • Australia 10-year bond yield fell 5bps to 1.21%
  • Gold spot down 0.6% to $1,793.78
  • Brent futures up 2.5% to $75.47/bbl

Economic Events

  • 10:30am: (AU) Australia to Sell A$1 Billion 70-Day Bills
  • 10:30am: (AU) Australia to Sell A$1 Billion 189-Day Bills
  • 11am: (AU) Sept. Consumer Inflation Expectation, prior 3.3%
  • 11:30am: (AU) Aug. Full Time Employment Change, prior -4,200
  • 11:30am: (AU) Aug. Part Time Employment Change, prior 6,400
  • 11:30am: (AU) Aug. Participation Rate, est. 65.7%, prior 66.0%
  • 11:30am: (AU) Aug. Employment Change, est. -80,000, prior 2,200
  • 11:30am: (AU) Aug. Unemployment Rate, est. 5.0%, prior 4.6%
  • 11:30am: (AU) Reserve Bank of Australia Bulletin
  • 11:30am: (AU) Aug. RBA FX Transactions Market, prior A$1.1b
  • 11:30am: (AU) Aug. RBA FX Transactions Government, prior -A$1.12b
  • 11:30am: (AU) Aug. RBA FX Transactions Other, prior -A$2.37b

Other News

Taco Bell wants customers to mail in their used hot sauce packets.
The chain announced that it is introducing a new recycling program in partnership with TerraCycle, in which diners can collect their old sauce packets and ship them in — so that ‘one day, used hot sauce packets will be transformed and given a second life.’
The nationwide pilot program  aims to reduce the waste created by the 8.2 billion single-use packets that it says are thrown out in the US every year.
Taco Bell said that it is committed to making ‘all consumer-facing packaging recyclable, compostable, or reusable by 2025 in its restaurants across the globe.’
This is the first step of that process.