Good morning. First, the big news:
1. Everyone’s freaking out about the end of this week’s “Game of Thrones”, which came alive in series five after a lacklustre, disturbing start. There’s a whole bunch of spoilers in this post, but the action with Jon Snow beyond the Wall was nothing short of incredible. (And if you’re a fan of heavy metal masters Mastadon, keep an eye out for them in a great cameo.)
2. The RBA could send the Aussie tumbling today. The dollar traded below 76 cents overnight for the first time since mid-April. It’s currently sitting just 80 points higher than the low for the year at 0.7532. But if Glenn Stevens wants it lower, he can make it so after today’s rates announcement with some choice words which signal more cuts are on the table.
3. To the markets, where the local fell out of bed from the get go. It suggested that Friday’s counter-intuitive strong rally might have been more about month-end positioning. Even our Greg McKenna says the price action over the two days has been “somewhat intriguing”. Futures overnight are pointing to a better day today.
4. In Asia, a couple of days’ rest and a slightly disappointing read on the manufacturing sector got the bulls in Shanghai charging again. And Shanghai shares might keep on keeping on, with larger weights in global equity indices and some new ones being set up. For technical traders the recovery from Friday’s lows looks like it could signal a strong resurgence. It would be confirmed if last week’s high is taken out.
5. The World’s 50 Best Restaurants. Spain’s El Celler de Can Roca was named No. 1 for the second time in the annual awards named overnight in London. Only one Aussie restaurant made it – Attica, in the Melbourne suburb of Ripponlea. It’s the third time in the top 50 for Attica’s Kiwi chef Ben Shrewry and he came in at a very respectable 32. A couple of Aussies made it too – David Thompson’s Bangkok restaurant, Namh, at No. 22 and former Newcastle chef Brett Graham at 20 with his London restaurant, The Ledbury. Here’s the full list.
6. The ultimate foot in the door. He’s a Wall Street titan now, but Goldman Sachs president Gary Cohn was once an idiot, according to his teachers and classmates. But he wasn’t, because despite being armed with nothing but a desire to work in finance, he took a day off work one day to watch the Wall Street trading pits, determined to get a better job. By the end of the day, he had an interview, and the way he got it is genuinely brilliant, and daring. Read all about it here as Cohn celebrates 25 years at the bank this week.
7. You can now get a three-room suite on a flight from Sydney to London. Etihad Airways is now flying A380s with its incredible mini-apartment known as “The Residence”. It’s the world’s only private three-room cabin on a commercial aircraft and will set you back a cool $86,539.64 for a return trip, but the good news is if you go as a pair (it’s a double bed), the second person pays just $142 tax. Here’s what it looks like.
8. Less comfy is this UFO which will one day take humans to Mars:
It’s looks flakey, but NASA is sure its Low-Density Supersonic Decelerator (LDSD) will be the space-to-surface shuttle astronauts ride down to the surface of Mars on for the first time in the not-too-distant future. It’s testing the LDSD up to 40,000m tomorrow between 3.30am and 5am AEST, and it’s bound to be spectacular. Here’s how you can watch it.
9. Some female smalltooth sawfish in a Florida estuary have starting giving virgin births and no one knows why.
10. When was the last time you dropped in for a chat with your boss? You should – they’re human too, and most likely are happy to help you sort out the little important things that don’t require an agenda and a PowerPoint deck. Making yourself known is never bad for your career… and it can sometimes get a little lonely in the glass box.
BONUS ITEM: Joan Kirner has died. Simon Thomsen has a lovely tribute to Victoria’s only female premier here, but for now, let’s remember her for the star she was:
Have a great day. I’m on Twitter.
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