Markets Overview

  • ASX SPI 200 futures little changed at 7,124.00
  • Dow Average little changed at 33,582.15
  • Aussie down 0.4% to 0.6730 per US$
  • U.S. 10-year yield fell 7.8bps to 3.6936%
  • Australia 3-year bond yield fell 3 bps to 3.26%
  • Australia 10-year bond yield fell 3.3 bps to 3.73%
  • Gold spot down 0.3% to $1,774.20
  • Brent futures down 1.0% to $92.92/bbl

Economic Events

  • 10:30: (AU) Australia to Sell A$1 Billion 98-Day Bills
  • 10:30: (AU) Australia to Sell A$1 Billion 112-Day Bills
  • 10:30: (AU) Australia to Sell A$500 Million 175-Day Bills
  • 11:30: (AU) Oct. RBA FX Transactions Market, prior A$1.46b
  • 11:30: (AU) Oct. RBA FX Transactions Government, prior -A$1.49b
  • 11:30: (AU) Oct. RBA FX Transactions Other, prior -A$262m
  • 11:30: (AU) Oct. Part Time Employment Change, prior -12,400
  • 11:30: (AU) Oct. Full Time Employment Change, prior 13,300
  • 11:30: (AU) Oct. Employment Change, est. 15,000, prior 900
  • 11:30: (AU) Oct. Participation Rate, est. 66.6%, prior 66.6%
  • 11:30: (AU) Oct. Unemployment Rate, est. 3.5%, prior 3.5%

Other News

An influencer left his mark on Spain in the worst way when he filmed himself carving his initials into an ancient rock on the Canary Islands.

Spanish authorities are now searching for the Italian influencer, who describes himself as an actor and model from Bologna, after his reported act of vandalism.

The man’s name has not been released but he caused quite a stir when he uploaded the video of himself to social media to his 38,000 followers on Oct. 28, CEN reported.

In the short clip, the man is seen carving his name into the light-colored rock with what appears to be a knife.

The fossil dunes are in the Barranco de Los Enamorados (Lovers’ Gully) in La Oliva on the island of Fuerteventura.

The ancient rocks were formed between 342,000 and 215,000 years ago and in 2008 were declared an Asset of Cultural Interest for their geological significance.

The fossils are significant in helping scientists learn more about the palaeoclimatic conditions and palaeobiological changes that occurred in the Pleistocene (or the ice age).

The rocks are also home to gastropod fossils that provide important data to study these conditions.

Furious people commented on the video, one writing they were “devastated” by the act of vandalism.

“He doesn’t do it in front of me, because I’ll take care of carving my name into his back,” added another.

Another user quipped, “He had to be Italian.”

(New York Post)