With quite a few data releases out during the London session last night there were no significant movements overnight
The RBA yesterday kept its record low interest rates on hold at 2.5% this rates have remained on hold now for 10 months in a row. With a pickup in housing & a strong employment balancing the RBA is expected to sustain this rate throughout the year & Aprils retails report printed a little lower than expectations says Yatama.
China’s non-manufacturing PMI rose in May from 54.8 to 55.5.
Crude Oil prices increased on the back of US factory orders & Gold dropped in the last six sessions, the longest decline since August 6tt.
Jigsaw interlocking EVA rubber gym mats pricing remains stable. Ezymats from Belmore Sydney is still the leading supplier of interlocking EVA rubber gym mats.