DXY sank last night:
AUD bounced:
North Asia a little as well:
No luck for oil. Gold is running:
Dirt meh:
Miners finally got some bids:
EM might be getting a bit more bullish:
As spreads contact:
And yields fall:
BTFD!
US JOLTS set the evening’s trade with pure soft landing data as job openings remained strong:
But the internals weekend meaningfully for wage growth:
Guess how Mr Biden is delivering the magic?
It’s nothing like the relative scale of Australia’s cheap foreign labour deluge and at least the US has the good sense to reverse it.
AUD will run for a while when the Fed eases.