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We have appreciation of the yen which is exacerbating the problem in some senses as it makes exports less competitive. Theres a correlation between the strength of the yen and what happens on the knee cape or its of the stronger the yen gets the weaker the nikkei. Where sing a little bit of that today. The 200 lurched lower, led by those banks, increasing the amount it was going to charge itself for these complaints coming through for customers being a miss sold products. That stock is down and dragged the market down as did the broadsides from the reserve bank. In the four big banks. Australia passing on the Interest Rate they have been instituting. 10 year yields now 1. 59. 16 basis points loss in the last two days. Year. Or the 10 a rally in place as people look for a safe place to put their money. This is the position for gold asures, above 1500 here well. Down a fraction at the moment. The yen appreciating their against the do ....
I wonder where weâd be today if social media was around in the late 1770s. Maybe drinking tea and eating trumpets with our corgis and not celebrating our independence every Fourth of July. Itâs not hard to imagine a scenario where those early American rebels would have been chewed up and spit out online - chastised for daring to buck the system and canceled for questioning British authority. Chances are there were colonistsâ content with their situations and willing to be overtaxed while lords in a faraway land collected the cash and spent it on pet projects that only benefited them. ....