the commodities are starting to turn however the DXY hasnt quite broken its uptrend since the GFC,and more importantly the AUD is a little further behind
DXY kissing the support of its uptrend for the 3rd time as we speak
aussie miner to gold ratio closely correlated to the currency. we havent even had the break out yet for oiur equities compareed to their underlying commodities. mid and large cap are liquid enough for short term plays by overseas instos like blackrock etc..
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Last
8,547.4 |
Change
-17.700(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,565.1 | 8,577.4 | 8,525.4 |
| XJO (ASX) Chart |