The Australian dollar had a fall overnight. As did other currencies against the USD to be fair.
Oil lower too.
For the Aussies (those that have seen 'The Castle' film at least), its the whole vibe of the thing
- signs of slowing global growth... commodity futures took a belting overnight
- signs the Fed is gonna go ahead and hike in December anyway
- falling US stockmarkets
- falling stocks elsewhere too
- risk a bit smelly
And, now, more comments from the US indicating relations with china aare not getting any better:
Oh, the RBA Gov spoke overnight. I don't think his comments were much of a driver but he didn't sound as cocky upbeat as he has been. I'll have more to come on this separately.
