Senior Market Analyst at @StoneX_Official, @FOREXcom.

Joined February 2012
13,544 Photos and videos
Markets still favour another RBA hike, but conviction is fading fast. I joined @ausbiztv to discuss what that means for Australian equities, the bond-SPI relationship, and why consumer discretionary may be the sector to watch. 🎥 ausbiz.com.au/media/david-th…
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Australian 3Y bond futures breaking higher. Market can sniff a RBA prolonged pause incoming.
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Brent still not through $82, which was where the price stalled in April when the first Hormuz "open" headlines hit. That's the immediate focal point today.
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US dollar, Brent, gold, EUR/USD: Traders unwind war hedges as Iran deal emerges forex.com/en-us/news-and-ana…
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Please let there be a deal signed by the time I wake up. So sick of the relentless chop since Feb 27 🙏
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David Scutt retweeted
The perfect start to our #FIFAWorldCup campaign 💚💛 ⚽ Irankunda 27', Metcalfe 75' #Socceroos
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Winner winner Turkey dinner! 🇦🇺 💪 @Socceroos #socceroos
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David Scutt retweeted
20 years ago today. Australia’s first World Cup goal. A moment I’ll never forget. 🇦🇺⚽️🙏
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USD/JPY Weekly Outlook: Can the Fed or BOJ finally force a breakout? forex.com/en-us/news-and-ana…
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So, back where we were on Feb 27 with extra concessions for Iran. Quite the deal..
🇮🇷🇺🇸 Iran's @MehrnewsCom out with details of "the 14-point draft" of the MOU, as per "a source close to the Iranian negotiating team:" ▪️Permanent and immediate cessation of war on all fronts, including Lebanon. ▪️America's commitment to non-interference in Iran's internal affairs and respect for the sovereignty of the Islamic Republic of Iran. ▪️Complete lifting of the naval blockade within 30 days ▪️America's commitment to withdrawing its forces from around Iran ▪️Reopening the Strait of Hormuz within 30 days with Iranian arrangements ▪️Suspension of sanctions on the sale of oil, petrochemical products and derivatives and full access for Iran to its financial resources. ▪️The need for the United States and its allies to present reconstruction plans for Iran worth at least $300 billion. ▪️60 days of negotiations to reach a final agreement based on nuclear issues and the complete lifting of primary, secondary, US sanctions and resolutions of the UN Security Council and the Board of Governors of the International Atomic Energy Agency ▪️Reiterating Iran's commitment in the NPT not to produce nuclear weapons ▪️During the negotiations, the United States has committed not to increase its forces in the region and will not impose new sanctions. ▪️Release $24 billion in blocked Iranian funds during the 60-day period of final negotiations. Half of this amount must be made available to Iran before the negotiations begin. ▪️Establishing a monitoring mechanism to implement the agreement. ▪️The final agreement will be approved by a UN Security Council resolution. ▪️The final negotiations will not begin before the release of half of Iran's frozen funds, the suspension of Iran's oil sanctions, and the lifting of the naval blockade. The final agreement will be made solely on the fate of enriched materials and enrichment, the lifting of sanctions, and the Iranian economic reconstruction program. Discussions about Iran's missile program and support for resistance groups have been definitively removed from the agenda. "As the Foreign Ministry spokesperson announced, this text still needs to be reviewed and finalized by the relevant institutions in Iran."
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Low liquidity melt-up underway. Let's see whether it can follow through to the target #ASX
ASX 200 Tests Range Highs as RBA Rate Hike Odds Collapse forex.com/en-us/news-and-ana…
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Pricing for an August RBA rate hike down to 28% from over 80% a few weeks ago. Think the cycle is over but a lot will come down to whether unemployment holds at 4.5% or moves higher. A reversal back into the low 4s would shift my view.
Could One Jobs Report Change the RBA Rate Outlook? youtu.be/gzCofldLy5M?si=YUsZ… via @YouTube
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ASX 200 Tests Range Highs as RBA Rate Hike Odds Collapse forex.com/en-us/news-and-ana…
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Why not just call them Czech Republic?? It's the English commentary service after all!! #KORCZE
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