Markets Overview

  • ASX SPI 200 futures up 0.2% to 7,260.00
  • Dow Average down 0.2% to 34,580.08
  • Aussie down 1.2% to 0.7009 per US$
  • U.S. 10-year yield fell 10.1bps to 1.3430%
  • Australia 3-year bond yield fell 3bps to 0.90%
  • Australia 10-year bond yield fell 7bps to 1.61%
  • Gold spot up 0.8% to $1,783.29
  • Brent futures up 0.3% to $69.88/bbl

Economic Events

  • 11am: (AU) Nov. Melbourne Institute Inflation, prior 3.1%
  • 11am: (AU) Nov. Melbourne Institute Inflation, prior 0.2%
  • 11am: (NZ) Nov. ANZ Commodity Price MoM, prior 2.1%
  • 11am: (AU) Australia to Sell A$1.5 Billion 0.25% 2024 Bonds
  • 11:30am: (AU) Nov. ANZ Job Advertisements MoM, prior 6.2%

Australia’s central bank is likely to highlight the interval between building economic momentum and faster price gains as well as renewed risks from a new coronavirus variant in its final meeting of the year.

Other News

An Italian man who wanted a coronavirus vaccine certificate without actually having the jab tried to play the system by presenting health workers with a fake arm, an official said Friday.

Despite the realistic skin colour, nobody was fooled by the silicone limb, and the man — in his 50s — was reported to local police following the incident on Thursday night in Biella, northwest Italy.

“The case borders on the ridiculous, if it were not for the fact we are talking about a gesture of enormous gravity,” the head of the Piedmont regional government, Albert Cirio, said in a statement on Facebook.

He said such an act was “unacceptable faced with the sacrifice that our entire community has paid during the pandemic, in terms of human lives, the social and economic cost.”

The fake arm incident comes ahead of a tightening of the rules Monday in Italy for people who have not yet been vaccinated against Covid-19.