Markets Overview

  • ASX SPI 200 futures down 0.7% to 6,775.00
  • Dow Average down 0.9% to 30,003.50
  • Aussie down 1.2% to 0.6411 per US$
  • U.S. 10-year yield rose 6.1bps to 3.8155%
  • Australia 3-year bond yield rose 12 bps to 3.36%
  • Australia 10-year bond yield rose 14 bps to 3.78%
  • Gold spot little changed at $1,715.18
  • Brent futures up 1.5% to $94.75/bbl

Economic Events

  • 11:00: (AU) Australia to Sell A$700 Million 0.25% 2025 Bonds
  • 11:30: (AU) RBA-Financial Stability Review

The stock market found little encouragement to sustain any rebound attempt on the eve of the all-important US jobs report, with major benchmarks finishing solidly lower on Thursday.

Aside from the anxiety that usually precedes those numbers, traders had to digest remarks from a raft of Federal Reserve speakers who sounded unequivocally committed to crushing inflation with rate hikes. The hawkish rhetoric helped push the S&P 500 to its second straight day of losses while lifting the dollar and Treasury yields. Oil topped $88 a barrel.

Other News

The world’s largest collection of Pokémon memorabilia amassed by a superfan over 25 years is to go under the hammer.

A woman from Hertfordshire – who wishes to remain anonymous – has accumulated a world record number of items, with more than 20,000 set to be auctioned.

The haul will be sold as a single lot on 18 October.

An auction firm, based in Etwall, Derbyshire, believes the collection could make up to £300,000.

The collection consists of trading cards, video games, manga, films, posters, toys, action figures, books and even toilet paper, with items from the UK, US, France and Japan.

But after more than two decades of catching ’em all, the seller said she had decided to sell her haul “for financial reasons”, although she will be keeping a few sentimental items.

The Guinness World Record certificate, which has been displayed at Hertford Museum as part of an exhibition on popular culture, will be kept as “an important keepsake”, Derbyshire-based auction house Hansons said.

David Wilson-Turner, head of the toy department at Hansons, said: “This is a fantastic once-in-a-lifetime opportunity to own the single largest collection of Pokémon memorabilia that has ever come to the market. It is currently being stored in a secure lock-up.

“Pokémon has been soaring in value in the collectors’ market for six years.

“Wealthy young people in their 20s and 30s who got into Pokémon when they were children are buying and prices have spiked.

“This is a fantastic investment opportunity for a wealthy Pokémon collector or any wise investor.”