Markets Overview
- ASX SPI 200 futures little changed at 7,222.00
- Dow Average up 0.6% to 34,502.51
- Aussie down 0.2% to 0.7496 per US$
- U.S. 10-year yield little changed at 1.4646%
- Australia 3-year bond yield fell 0.4bps to 0.41%
- Australia 10-year bond yield fell 0.9bps to 1.53%
- Gold spot up 0.5% to $1,770.12
- Brent futures up 0.5% to $75.13/bbl
Economic Events
- 9am: (AU) June Markit Australia PMI Mfg, prior 58.4
- 10am: (AU) June CoreLogic House Px MoM, prior 2.3%
- 11:30am: (AU) May Exports MoM, est. 6%, prior 3%
- 11:30am: (AU) May Imports MoM, est. 0%, prior -3%
- 11:30am: (AU) May Job Vacancies, prior 13.7%
- 11:30am: (AU) May International Trade Balance, est. A$10.5b, prior A$8.03b
- 4:30pm: (AU) June Commodity Index AUD, prior 121.9
Other News
The pandemic-era prohibition on pigging out at the buffet is officially over.
Americans are once again lining up for fried chicken, sushi rolls and carrot cake — preferably on the same plate.
Supermarkets and restaurants are restocking self-serve food bars that they closed last year. But the spreads can be different. Complimentary gloves are offered near the utensils. Reservations may be required. The chocolate fountain is roped off.
Some buffets are offering fewer items as labor and food costs balloon. Sometimes employees have to serve the food behind plexiglass, instead of allowing guests to serve themselves.
