Markets Overview

  • ASX SPI 200 futures down 0.2% to 7,420.00
  • Dow Average up 0.8% to 34,869.63
  • Aussie up 0.2% to 0.7368 per US$
  • U.S. 10-year yield fell 1.9bps to 1.3242%
  • Australia 3-year bond yield fell 0.7bps to 0.26%
  • Australia 10-year bond yield rose 5bps to 1.27%
  • Gold spot up 0.3% to $1,793.57
  • Brent futures up 1.0% to $73.66/bbl

Economic Events

  • 9:30am: (AU) Sept. ANZ Roy Morgan Weekly Consumer, prior 100.0
  • 11am: (AU) Australia to Sell A$100 Million 2.5% 2030 Bonds
  • 11:30am: (AU) Aug. NAB Business Confidence, prior -8
  • 11:30am: (AU) 2Q House Price Index YoY, est. 14.0%, prior 7.5%
  • 11:30am: (AU) Aug. NAB Business Conditions, prior 11
  • 11:30am: (AU) 2Q House Price Index QoQ, est. 6.1%, prior 5.4%
  • 12:45pm: (AU) RBA’s Lowe Speech in Sydney

U.S. stocks snapped a five-day slide, with energy companies leading the gains as crude oil extended a rally to a six-week high. Bonds yields declined and the dollar was little changed versus its major peers.

Other News

Marina Verbitsky arrived at her terminal in Florida’s Fort Lauderdale-Hollywood International Airport on Monday night with her husband and son, but they were too late: The plane was about to take off.
Verbitsky told an airline employee she needed to get on the plane because her son had school, a relative told the Chicago Sun-Times. But when told it was too late to board the flight, she began berating JetBlue employees with profanities, according to a police report obtained by Fox News. When employees said her checked luggage was on the departing plane, Verbitsky allegedly became more enraged.
That’s when she told airline workers her luggage contained a bomb, officials say.
Verbitsky, 46, was swiftly arrested, the Broward Sheriff’s Office said in a statement Tuesday. The plane’s takeoff was delayed, and passengers were escorted off before authorities scoured the aircraft for a bomb.
They found nothing.
Verbitsky is now facing a charge of false reporting concerning planting a bomb, explosive or weapon of mass destruction, according to the sheriff’s office. Her bail was set at $10,000, and a judge ordered her to undergo a mental health evaluation, the Sun-Times reported. Verbitsky posted bail on Tuesday.
“It was a mistake,” a relative of Verbitsky, who requested not to be named, told the Sun-Times. “She was nervous about the son needing to go to school. It was a mess but it was definitely not meant to be.”
Verbitsky did not respond to phone messages late Wednesday. Court records do not list an attorney.
Verbitsky’s alleged threat represents the latest case of airline passengers causing public and often viral disturbances in recent months. She is at least the second person accused of making a bomb threat at the Fort Lauderdale airport in the last two months.
In July, 74-year-old Wegal Rosen was arrested after allegedly telling an employee at the ticketing counter there was a bomb in his bag, forcing the airport to evacuate three terminals, close roads and cancel or delay dozens of flights. Rosen was charged with the same crime as Verbitsky and could face up to 15 years in prison. A judge ordered him not to return to the Fort Lauderdale airport.
A month earlier, federal law enforcement arrested a Georgia man after he allegedly called into Lehigh Valley International Airport in Allentown, Pa., concerned that his daughter was smuggling marijuana on a flight. Frustrated, he asked a Delta employee what they would do if he said there was a bomb on the plane, according to prosecutors. The plane, already on the tarmac, was evacuated, and authorities did not find a bomb or drugs.
Federal Aviation Administration officials have said behavior on airplanes has worsened during the pandemic. In August, the agency said it had received about 3,889 reports of “unruly behavior” by airline passengers, resulting in $1 million in fines against dozens of people.