SCOREBOARD: Risk away

Investors' risk appetite returned as Chinese and German PMIs rose, and the US ISM didn't disappoint.

It was 'risk on' last night and global equities have seen a decent bid so far, taking Australian dollar and euro with them – both up a big figure as I write – 1.0709 (1.0740 high) and 1.3168 (1.3219 high), respectively.

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