Markets Overview

  • ASX SPI 200 futures up 0.7% to 6,990.00
  • Dow Average up 0.6% to 33,005.97
  • Aussie down 0.6% to 0.7272 per US$
  • U.S. 10-year yield rose 8.9bps to 1.8628%
  • Australia 3-year bond yield rose 9bps to 1.66%
  • Australia 10-year bond yield rose 10bps to 2.23%
  • Gold spot up 1.9% to $2,036.70
  • Brent futures up 4.1% to $128.27/bbl

Economic Events

  • 9:15am: (AU) RBA’s Lowe-Speech
  • 10:30am: (AU) March Westpac Consumer Conf Index, prior 100.8
  • 10:30am: (AU) March Westpac Consumer Conf SA MoM, prior -1.3%
  • 11am: (AU) Australia to Sell A$1 Billion 1.75% 2032 Bonds
  • 7pm: (AU) RBA’s Debelle-Panel

Commonwealth Bank of Australia may issue about A$17 billion in Tier 2-eligible subordinated bonds by Jan. 1, 2026, to comply with loss-absorbing capacity requirements, according to Bloomberg intelligence. The lender will also increase senior debt issuance to replace A$51.1 billion drawn under the term funding facility.

Other News

Traditional British foods such as jellied eels, black pudding, ploughman’s lunches and even pork pies could die out within a generation because British 18-30 year olds have never even tried them, according to research.

Traditional British dishes that have fallen out of favour, as younger people embrace world cuisine and healthier food options a survey suggests.

Old-fashioned favourites which are losing favour with modern Britons, include  Welsh rarebit, liver and onions, and pie and mash with liquor, with more than a third of people admitting they’ve never tried them.

Jellied eels came out as the most unfamiliar to Gen Z, with almost two thirds of youngsters having never tried the classic dish, originating from the East End of London in the 18th Century.

Kedgeree, the Anglo-Indian concoction that emerged during the time of colonialism, made with rice, egg and haddock came second on the list, with half admitting they’d never eaten it.

This was followed by the Scottish speciality haggis, with almost half of respondents claiming never to have eaten it, despite it remaining a firm staple in Scotland and in the rest of the UK on Burns Night celebrations.

Also set to be consigned to culinary history was bubble and squeak and gammon with a pineapple ring with a quarter never eating either dish.

The study found other traditional mealtime favourites falling by the wayside include black pudding, while three in 10 have never tried Saveloy sausage and chips and 30 per cent hadn’t had a Lancashire hotpot.