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Economic Indicators Released Overnight
Quiet with US shut for the Thanksgiving holidays but markets will be back with a blast on Monday.
APRA introduces first ever debt-to-income limits on home loans [AFR]
BOJ preps markets for near-term hike as weak yen overshadows politics [CNBC]
What a difference a week makes. 10k off the lows. Resistance is at 93.5k and 97.6k but the downsloping resistance, today at 102k, is where price needs get above to at least stop going down. Read more
A small bounce in ETH but nothing like Bitcoin. If we have a turndown in equities, BTC will go lower but ETH will get crushed. Read more
ETHEREUM/USD Daily
EUR/USD has been pretty boring for a bit but it’s time for a move. The bull flag after the move up from 1.02, shows price having yet another go at resistance at 1.1610. Read more
Yield being pushed higher by much stronger than expected CPI, driven by an 11% annual increase in Australian money supply. Like Canada irresponsible fiscal and monetary policy has drive inflation much higher and GDP to zero. Read more
Australia 30 Year Government Bond Yield Daily