Please note that the commentary below is factual information provided to a group of readers as a web blog, and where an opinion is expressed by the author, it is GENERAL ADVICE only.
The AUD looks in better shape this morning following a Liberal party come from behind win and generally more optimistic investor sentiment over the weekend. The AUD, while near 3 year lows vs. the Greenback, does look a bit healthier this morning having climbed around around half a percent in early trade. Equity markets also appear buoyant thanks to surging U.S stock futures – local equities are to open 1% higher.
No economic data out today and not a great deal out later in the week.
AUD EXCHANGE RATES:
AUD/USD – 0.6870
AUD/GBP – 0.5394
AUD/EUR – 0.6151
AUD/NZD – 1.0536
AUD/JPY – 75.705
All Ords (XAO) – 6,460
Gold – A$1,851/oz
Silver – A$20.92/oz
WTI – US$63.53/barrel
DATA RELEASES TODAY:
No data today
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