10 things you need to know this morning in Australia

EDDIE MULHOLLAND/AFP/Getty ImagesBritain’s Prince Harry and his US fiancee Meghan Markle.

Good morning.

1. More than 35 Palestinians died in protests as the Trump administration opened the new US embassy in Jerusalem. Another 1,600 people are believed to have been injured. The White House has placed sole responsibility on Hamas for the deaths of the Palestinians who were killed by Israeli forces amid the demonstrations. Unbelievable photos show how chaotic the scene is here. Warning: Some of the photos are graphic or disturbing.

2. Donald Trump’s job approval just hit its highest level since last May, despite the highly controversial decision in Israel. Trump’s approval ratings have been on the rise recently after he helped broker diplomacy with North Korean leader Kim Jong Un, whom he is set to meet for a historic summit June 12.

3. MH370 investigators say the captain deliberately crashed the plane in murder-suicide. The Malaysia Airlines jet was on a routine flight from Kuala Lumpur to Beijing on March 8, 2014 with 239 people on board when it disappeared. Analysis of satellite data indicates it ran out of fuel and crashed in the Indian Ocean, west of Australia, thousands of miles from its intended destination. Captain Simon Harvey, a British pilot who has flown the 777 widely in Asia, said the mission was “planned meticulously to make the aircraft disappear”.

4. Much ado about nothing. The Australian dollar had a mixed start to the week, falling against most of the major crosses except the New Zealand dollar. At 7am the AUD was down 0.23% to 0.7525. With little in the way of fresh economic data to go off, the broader currency market movements were dictated by geopolitical and central bank headlines, said David de Garis, economist at the National Australia Bank.

5. Hobart may soon lose its title as the cheapest capital city housing market in Australia. Check out this chart posted by Cameron Kusher, research analyst at CoreLogic, on Twitter yesterday:

CoreLogic, Twitter

On that trajectory, Hobart prices could move past both Adelaide and Perth in the not too distant future.

6. Block.one is the world’s 5th largest cryptocurrency — and it’s only a year old. The company has also just lured the CFO of CBA, Australia’s biggest bank, to work for them as their COO. Rob Jesudason, who was paid $2.3 million in 2017, announced the move following his resignation from CBA yesterday. Here’s what we know about the crypto.

7. Meghan Markle’s father is reportedly no longer attending the royal wedding after a heart attack and paparazzi scandal. It comes after Thomas Markle reportedly accepted money to pose for staged paparazzi photos in the weeks leading up to his daughter’s wedding to Prince Harry. He also told TMZ that he had suffered from a heart attack less than a week ago but had checked himself out of the hospital with plans to attend the wedding. Meanwhile, a British baker has turned Meghan and Harry into a life-sized cake. The product, which took 250 hours to create, almost looks like it could go in a Madame Tussauds.

8. Wall Street titan Bill Gross was outsmarted by his ex-wife, who managed to swap one of the couple’s jointly owned Picasso paintings with a fake that she created herself. Sue Gross, who filed for divorce at the end of 2016 after 31 years of marriage, was awarded the painting, which hung in their home in Laguna Beach, but admitted to taking it several months before. It is now up for auction at Sotheby’s with an estimate of $US25-35 million.

9. Smartpeople. Some 3,000 people in Sweden have embedded microchips under their skin to replace ID cards and make their daily lives easier. People with the implants can, for instance, wave their hand near a machine to unlock their office or gym, rather than taking out a key card. This type of “biohacking” is on the rise as more people depend on wearable technology and interconnected devices.

10. Maria Sharapova just shared an epic rally with Rafael Nadal — which she eventually won. Nadal and Sharapova are preparing for the Italian Open, as the clay court season builds to the French Open at the end of the month. Sharapova posted a 40-second video of the rally on Twitter. It shows her winning the point by forcing 16-time major champion Nadal into an error. See it below.

Have a great day.

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