- ASX SPI 200 futures little changed at 7,023.00
- Dow Average down 1.9% to 32,961.62
- Aussie down 0.6% to 0.7328 per US$
- U.S. 10-year yield little changed at 1.7409%
- Australia 3-year bond yield rose 0.4bps to 1.57%
- Australia 10-year bond yield fell 1bp to 2.14%
- Gold spot up 1.3% to $1,995.70
- Brent futures up 3.8% to $122.55/bbl
- 9am: (AU) Feb. CBA Household Spending MoM, prior -10.0%
- 9am: (AU) Feb. CBA Household Spending YoY, prior 1.4%
- 9:30am: (AU) March ANZ Roy Morgan Weekly Consumer, prior 99.2
- 11am: (AU) Australia to Sell A$150 Million 0.25% 2032 Bonds
- 11:30am: (AU) Feb. NAB Business Confidence, prior 3
- 11:30am: (AU) Feb. NAB Business Conditions, prior 3
U.S. stocks tumbled amid fears that rising energy costs would put the brakes on global economic growth. The dollar extended gains, while the Treasury curve flattened sharply.
Oil jumped on the prospect of a ban on Russian supplies, with Brent crude rising as high as $139 a barrel, before trading closer to $125. West Texas Intermediate traded near $120. European gas, palladium and copper hit all-time highs.
The U.S. bond market’s 10-year inflation forecast jumped to a record 2.785%, while the yield on the benchmark Treasury bond rose 5 basis points at 1.77%. A gauge of the dollar rose for a third day, trading at the highest since 2020.
Doing pull-ups can be hard work at the best of times – but imagine doing them whilst dangling off a helicopter…
That’s exactly what Roman Sahradyan did when he created a Guinness World Record for the most pull-ups from a helicopter in one minute.
Within the allotted 60 seconds, Sahradyan was impressively able to complete 23 pull-ups.
The 23-year-old from Yerevan, Armenia completed the record back on October 2 last year.
This isn’t the only Guinness World Record Sahradyan holds, as he also holds the record for the “most consecutive gymnastic high bar giants” with 1,001 spins back in 2011.