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10 things you need to know this morning in Australia Good morning. Here's your smart fast start to the day.

6 things Australian traders will be talking about this morning Bond yields spike, US retail sales rose for a second month in April, and it's wages day in Australia.

North Korea threatens to cancel summit with Trump over military 'ruckus' with South Korea The North Korean government threatened to cancel the impending summit between President Donald Trump and Kim Jong Un, the Seoul-based Yonhap News Agency reported.

The Australian dollar is under pressure as bond yields soar The AUD/USD fell heavily on Tuesday as US bond yields soared. The yield on US 10-year notes hit a high of 3.09%, a level not seen in seven years.

A Tesla just towed a Qantas Dreamliner A Telsa might be currently flying through space on its way to Mars, but in Melbourne yesterday, Elon Musk's electric vehicle produced another first.

The RBA looks like it's running out of ideas, and hope appears to be the plan The Reserve Bank of Australia says it should be seen as a "source of stability and confidence".

The fastest-growing black hole in the universe eats a sun every 48 hours - and Australian astronomers have found it A "supermassive" black hole swallowing up the mass of our sun every two days has been found by Australian astronomers.

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