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See the latest Australian dollar analysis here:
The Australian dollar has badly lagged the DXY move lower and is fading against EUR:
But a falling DXY is always fun for dirt:
Not so big miners as China jumps up and down about iron ore:
EM stocks gapped higher:
Westpac has the data wrap:
Event Wrap
US housing starts in April disappointed, falling 9.5% (est. -2%) to an annualised level of 1.569m (est. 1.700m), the result led by a 13.4% fall in single home starts. However, this should be seen in the context of considerable volatility caused by the February polar vortex and subsequent surge, but also the risk that the sector’s supply chain may be struggling to meet the surge in both demand and
Vaccine but not herd msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Vaccine but not herd msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Good morning, early birds. The Australian government has struck an agreement with the US-based pharmaceutical giant Moderna to receive 25 million doses of their COVID-19 vaccine, and Josh Frydenberg has drawn election battlelines with Labor over his $130 billion phase three tax cuts. It's the news you need to know, with Chris Woods.