Good morning, An early start for us this morning as we fly into Sydney for a 24 hour “adventure” Does an adventure constitute 16 meetings in 24 hours? Is that even possible? For those that can’t catch up this time around, PEAK will run a special Sydney event later in the year .. maybe a wine & cheese night? A great opportunity to meet the team and share some laughs and nibbles together, in a relaxed environment. So how did we go last night? US stocks rallied (Dow up ~ 88 points), as Visa topped analyst forecasts and Nasdaq rallied to a record…. Iron ore jumped by over 5% as BHP’s production slows…….. Have we found a bottom??? Iron ore- chart (see attached) Commodities were generally mixed with Crude oil up slightly, Gold down 1.3% and the AUD/USD trading around $0.7760 The SPI is pointing to 27 points rise this morning.
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