- ASX SPI 200 futures up 0.5% to 6,973.00
- Dow Average up 1.3% to 32,821.17
- Aussie up 0.1% to 0.6478 per US$
- U.S. 10-year yield rose 4.4bps to 4.2030%
- Australia 3-year bond yield rose 1.7 bps to 3.37%
- Australia 10-year bond yield rose 5.5 bps to 3.91%
- Gold spot down 0.4% to $1,675.46
- Brent futures down 0.6% to $97.99/bbl
- 09:00: (AU) Oct. CBA Household Spending YoY, prior 14.1%
- 09:00: (AU) Oct. CBA Household Spending MoM, prior -0.5%
- 10:30: (AU) Nov. Westpac Consumer Conf Index, prior 83.7
- 10:30: (AU) Nov. Westpac Consumer Conf SA MoM, prior -0.9%
- 11:00: (AU) Australia to Sell A$150 Million 0.25% 2032 I/L Bonds
- 11:30: (AU) Oct. NAB Business Confidence, prior 5
- 11:30: (AU) Oct. NAB Business Conditions, prior 25
US shares rose in a broad-based rally that swept up small caps as well as blue-chip stocks, ahead midterm elections and inflation data later this week. The dollar fell with Treasuries.
Stocks rose on Friday after data showed strong hiring and wage increases along with higher unemployment. That offered a mixed picture for Fed officials debating how long to extend their campaign to curb elevated inflation.
Swaps markets are leaning toward a 50 basis-point Fed rate increase in December, after a fourth consecutive jumbo hike to a target range of 3.75% to 4% at last week’s meeting. Rates are expected to peak slightly above 5% around mid-2023.
The tallest woman in the world has sensationally taken to the skies after Turkish Airlines adapted one of their planes to specially accommodate her towering 7ft frame.
Rumeysa Gelgi, who stands at 7ft 0.7inches (215.16cm), was officially named the tallest woman alive by Guinness World Records earlier this year.
She typically gets around in a wheelchair or with the aid of a walker, her huge stature the result of a condition called Weaver syndrome which, among other things, causes accelerated growth.
Gelgi, 24, had never travelled on a plane before, having been too tall to fit in regular airline seats even as a child.
But she is now able to travel abroad and flew to San Francisco in September thanks to her national airline, which tore out six seats aboard one of its aircraft and replaced them with a specially-made stretcher to allow Gelgi to fly in comfort.
Posting on Instagram having landed in California, the world’s tallest woman said: ‘A flawless journey from start to finish… this was my first plane ride but it certainly won’t be my last… heartfelt thank you to each and every person who has been a part of my journey.’
The 24-year-old travelled to San Francisco to further her career in software development, but she will also co-ordinate with Guinness World Records to promote various events.
Gelgi was confirmed last month as the world’s tallest living female by the organisation.
Upon the receipt of her Guinness world record certificate, Gelgi said: ‘Every disadvantage can be turned into an advantage for yourself so accept yourself for who you are, be aware of your potential and do your best.’
It is the second time Ms Gelgi has achieved a world record after being named the tallest teenager alive in 2014.
Since then, she has used her platform to advocate for others with rare conditions.
‘Being different is not as bad as you think. It can bring you unexpected success,’ Gelgi told reporters last month.
‘I personally think that differences and other features which seem like a disadvantage can be turned to advantages if you want it and make the effort for it.
‘That is exactly what I did.’
Craig Glenday, editor in chief at Guinness World Records, said: ‘It’s an honour to welcome Rumeysa back into the record books.’