Markets Overview
- ASX SPI 200 futures up 2.4% to 7,118.00
- Dow Average up 2.5% to 34,058.75
- Aussie up 0.2% to 0.7178 per US$
- U.S. 10-year yield little changed at 1.9617%
- Australia 3-year bond yield rose 5bps to 1.67%
- Australia 10-year bond yield rose 8bps to 2.23%
- Gold spot down 0.8% to $1,889.34
- Brent futures down 1.2% to $97.93/bbl
Economic Events
- 11am: (AU) Feb. Melbourne Institute Inflation MoM, prior 0.4%
- 11am: (AU) Feb. Melbourne Institute Inflation YoY, prior 3.0%
- 11am: (AU) Australia to Sell A$1 Billion 0.25% 2025 Bonds
- 11:30am: (AU) Jan. Private Sector Credit MoM, est. 0.7%, prior 0.8%
- 11:30am: (AU) Jan. Private Sector Credit YoY, est. 7.6%, prior 7.2%
- 11:30am: (AU) 4Q Company Operating Profit QoQ, est. 2.0%, prior 4.0%
- 11:30am: (AU) Jan. Retail Sales MoM, est. 0.3%, prior -4.4%
- 11:30am: (AU) 4Q Inventories SA QoQ, est. 0%, prior -1.9%
Other News
A woman has been charged after throwing a rotisserie chicken at another customer during a fight in a Melbourne grocery store.
The 39-year-old woman from South Morang in the city’s north east, was charged after a fight broke out at the Deveny Rd shop on Christmas Eve.
Victoria Police allege two women ‘physically and verbally’ attacked a man before the situation escalated.
‘Nobody was seriously injured in the incident, and the two women left the scene before the matter was reported to police,’ a spokeswoman said.
Whittlesea Police Eyewatch made a tongue-in-cheek Facebook post after the charges were laid.
‘After working around the cluck, police have arrested and charged a woman following an investigation into a case of fowl-play,’ it wrote on Tuesday.
‘Police will allege the woman threw a rotisserie chicken at another customer while in a supermarket in Epping in December 2021.
‘No one was injured but the chook was cooked.’
The woman is facing charges of throw missile and wilful damage, and was remanded in custody over an outstanding warrant for another matter.
She will face the Melbourne Magistrates’ Court in March.
