Everybody Loves TINA
Equities continue to march higher and the ASX 200 has rocketed through 7000 for the first time as the signing of the long awaited Phase 1 trade deal emboldened risk sentiment.
Bushfires headwind for GDP, Confidence and Government
Devastating bushfires to hit GDP adding to pressure on RBA to cut in February. AUD and Aussie bond yields to remain under pressure. Probability of fiscal spend increases as pressure on the government is increased.