USD slide continues
• Weaker USD. US equities rose again while the USD remains under pressure. EUR at a multi-year high. AUD touched highest point since Q1 2023.• Macro trends. Q4 Australian CPI out today. Will it help or hinder RBA rate hike expectations? US Fed meets tomorrow. No changes anticipated. Global Trends A few of the recent major market themes continued overnight with European/US equities rising and the USD remaining under downward pressure. More specifically, the US S&P500 (+0.5%) reached a record high while the tech-focused NASDAQ jumped up 0.9% to be within a whisker of its historic peak. US bond yields...