Australian dollar starts to labour as stocks rocket on

The Australian dollar is struggling a little this morning:

However, it is interesting to note that the AUD has begun to labour a little versus stocks:

One wonders if the falling CNY isn’t a carpet that is slowly being pulled from under its feet. It remains at a historic breakdown point:

Bonds are still bid:

The XJO rocket is flying into the great fakeflation:

All cylinders are firing today with Big Iron up:

Big Gas just resting:

Big Gold up too:

The big story remains Big Banks as they price out the tail risk:

Big Chunt doesn’t know what risk is:

The Aussie dollar appears to be slowly decoupling from the stock rocket.