
More irrational exuberance?
NAB Morning Call
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Introduction
The US dollar continues to rise up another quarter percent this morning. The Aussie dollar is up to its upper quarter percent on that rising US dollar with the pound down a quarter percent and the euro down half a percent. And we've seen further rises in oil, WTI and Brent both up 2.2 percent. Bonnields rising in the US, but falling in Europe, really is a US Europe division isn't it today? Sky Masters is with me today from now in Sydney.
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