- ASX SPI 200 futures up 0.7% to 7,003.00
- Dow Average up 0.7% to 32,381.34
- Aussie up 0.7% to 0.6888 per US$
- U.S. 10-year yield rose 4.3bps to 3.3539%
- Australia 3-year bond yield rose 7.3 bps to 3.19%
- Australia 10-year bond yield rose 7.1 bps to 3.63%
- Gold spot up 0.5% to $1,724.62
- Brent futures up 1.6% to $94.28/bbl
- 09:00: (AU) Aug. CBA Household Spending MoM, prior 1.1%
- 09:00: (AU) Aug. CBA Household Spending YoY, prior 12.2%
- 10:30: (AU) Sept. Westpac Consumer Conf SA MoM, prior -3.0%
- 10:30: (AU) Sept. Westpac Consumer Conf Index, prior 81.2
- 11:00: (AU) Australia to Sell A$100 Million 1% 2050 Bonds
- 11:30: (AU) Aug. NAB Business Confidence, prior 7
- 11:30: (AU) Aug. NAB Business Conditions, prior 20
- The ASX equities market will be closed on Sept. 22 for the one-time national public holiday to commemorate Queen Elizabeth II
US stocks rose on the final day of trading before the release of key consumer-price data, with risk sentiment buoyed by speculation inflation is near peaking. The dollar fell for a second day.
US inflation data due Tuesday is expected to show headline CPI cooled in August to an 8% a year pace while the core measure that excludes food and energy is seen accelerating.
The U.S. Navy won’t release additional footage of unidentified flying objects because doing so would ‘harm national security.’
A spokesperson for the military branch made the statement in response to a Freedom of Information Act request filed by the government transparency site The Black Vault – which has previously shared thousands of pages of UFO-related documents received from the CIA and other agencies.
The FOIA request dates to April 2020, just after the Navy released the now infamous videos shot by its pilots that depicted some type of unidentified high-tech aircraft moving in ways that seemed impossible.
The Black Vault had requested any and all other videos related to what the Navy prefers to call unidentified aerial phenomenon (UAP).
‘The release of this information will harm national security as it may provide adversaries valuable information regarding Department of Defense/Navy operations, vulnerabilities, and/or capabilities,’ Gregory Cason, deputy director of the Navy’s FOIA office, wrote in a response letter shared by The Black Vault. ‘No portions of the videos can be segregated for release.’
Carson explained that the Navy only released those previous three videos because they’d already been leaked to the media and were therefore ‘discussed extensively in the public domain.’
‘Given the amount of information in the public domain regarding these encounters, it was possible to release the files without further damage to national security,’ he said.
The Black Vault has filed an appeal to seek the release of the videos that have been denied.
Regardless of what they choose to release, the Pentagon is certainly taking the threat of UFOs seriously. During public hearings in May, the agency revealed 400 ‘unidentified aerial phenomenon’ reports in recent years – which is significantly higher than the 144 incidents since 2004 that were reported the previous year.
Eleven of the incidents have been ‘near misses,’ where military aircraft just barely brushed past the UAPs without colliding.
Ronald Moultrie, the Pentagon’s top intelligence official, said the government has not ruled out the possibility that these incidents could be connected to extraterrestrial life.
‘There are elements of our government engaged in … looking for extraterrestrial life,’ Moultrie said at the hearing. ‘Our goal is not to potentially cover up something, it’s to understand what’s maybe out there.’
‘We are all curious and we seek to understand the unknown. And as a lifelong intelligence professional, I’m impatient. I want immediate explanations for this as much as anyone else. However, understanding can take significant time and effort. It’s why we’ve endeavored to concentrate on this data driven process to derive fact based results,’ Scott Bray, the deputy director of Naval intelligence, told lawmakers.
In July, the Pentagon announced that it has received federal funding to open a new office focused exclusively on managing reports of UFO sightings by the U.S. Army, Navy and Air Force.