Markets Overview

  • ASX SPI 200 futures up 0.3% to 7,303.00
  • Dow Average down 0.3% to 34,002.00
  • Aussie down 1.2% to 0.6901 per US$
  • U.S. 10-year yield rose 6.1bps to 3.8068%
  • Australia 3-year bond yield rose 1 bp to 3.47%
  • Australia 10-year bond yield little changed at 3.74%
  • Gold spot down 1.0% to $1,835.36
  • Brent futures down 0.4% to $85.26/bbl

Economic Events

  • 09:00: (AU) Jan. CBA Household Spending MoM, prior 1.9%
  • 09:00: (AU) Jan. CBA Household Spending YoY, prior 3.2%
  • 10:30: (AU) Australia to Sell A$500 Million 98-Day Bills
  • 10:30: (AU) Australia to Sell A$1 Billion 126-Day Bills
  • 10:30: (AU) Australia to Sell A$500 Million 175-Day Bills
  • 11:00: (AU) Feb. Consumer Inflation Expectation, prior 5.6%
  • 11:30: (AU) Jan. Part Time Employment Change, prior -32,200
  • 11:30: (AU) Jan. Full Time Employment Change, prior 17,600
  • 11:30: (AU) Jan. Employment Change, est. 20,000, prior -14,600
  • 11:30: (AU) Jan. Participation Rate, est. 66.6%, prior 66.6%
  • 11:30: (AU) Jan. Unemployment Rate, est. 3.5%, prior 3.5%
  • 11:30: (AU) Jan. RBA FX Transactions Other, prior -A$2.06b
  • 11:30: (AU) Jan. RBA FX Transactions Government, prior -A$1.89b
  • 11:30: (AU) Jan. RBA FX Transactions Market, prior A$1.87b

Other News

Considered by many as the GOAT – or greatest of all time – of basketball, Michael Jordan has set his fair share of records on the court, but he just set another major record by donating a whopping $10 million to Make-A-Wish. The donation, given just ahead of his 60th birthday, is the largest donation the organization has ever received from an individual in its 43-year history.

Jordan hopes his donation will inspire others to celebrate his birthday on Feb. 17 by donating to Make-A-Wish, which brings surprises, or “wishes,” to children diagnosed with terminal diseases. Many children wish to meet celebrities, like Jordan, or to have experiences like going to Disney World.

Jordan, who quickly rose to fame after joining the Chicago Bulls in 1984, granted his first wish in 1989 and has since granted hundreds more. He is still one of the most requested celebrities by wish recipients, according to the organization.

Make-A-Wish will use Jordan’s donation to make future wishes. Jordan’s philanthropy often makes headlines as he donates to several charities a year, including Boys and Girls Club, of which he is an alumnus. In 2021, Jordan, who is a North Carolina native and owns the Charlotte Hornets, donated $10 million to open two new medical clinics in North Carolina, regional health care provider Novant Health announced.

While a $10 million donation and hundreds of wishes granted makes him one of Make-A-Wish’s greatest benefactors, Jordan does not hold the organization’s record. That’s John Cena, the wrestling star and actor who, starting in 2002, has granted a total of 650 wishes and received recognition from Guinness World Records. No one else has granted more than 400 wishes.

(CBS News)