Markets Overview

  • ASX SPI 200 futures little changed at 7,400.00
  • Aussie down 0.1% to 0.7188 per US$
  • Kiwi down 0.2% to 0.6858 per US$
  • Australia 3-year bond yield rose 4bps to 1.03%
  • Australia 10-year bond yield rose 1bp to 1.87%
  • Gold spot little changed at $1,788.66
  • Brent futures little changed at $82.22/bbl

Economic Events

  • 11am: (AU) Australia to Sell A$1.5 Billion 0.25% 2025 Bonds
  • 11:30am: (AU) Oct. Retail Sales MoM, est. 2.2%, prior 1.3%

Global stocks and U.S. index futures rose as signs of a solid recovery in the world’s largest economy offset jitters over inflation and a faster tapering of Federal Reserve stimulus.

Trading volumes narrowed around the world as U.S. traders stayed off for the Thanksgiving holiday. The turnover in Asia’s equity benchmark was 17% lower than its 30-day average. It shrank 26% in Europe and 30% in Latin America.

 

Other News

A 21-year-old extreme sports fan broke the Guinness World Record for jumping over cars on a pogo stick at an event at London’s Olympic park.
Tyler Phillips from Tampa, Florida managed to bounce over five consecutive London taxi cabs. Using his pogo stick, he was able to bounce over each of the new electric London cabs – which are 2m high and 1.6m wide (6’6″x5′).
He was able to bounce over five of the cabs in quick succession, breaking the existing world record.
Phillips took the world record from his friend Dalton Smith – who was lined up for the challenge until he broke his ankle two weeks ago. Speaking this afternoon, Phillips said: ‘Wow, I am so stoked that I was able to break this record – I really wanted this for a long time, and it was pretty crazy being there this morning actually seeing the cars lined up when it finally felt real.
‘It was most of all a mental challenge to focus and control my jumps, so right now I’m feeling super proud, a little relieved and just hyped to have made pogo history.’
Craig Glenday, Editor in Chief of the Guinness World Records book said: ‘It was an absolute thrill to watch Tyler in action – the height he can reach is astounding, and a powerful demonstration of his total mastery of the pogo stick.

Guinness World Records day is a global celebration of record breaking. It’s a chance for anyone who wants to tick off their name in the famous Guinness world record books.