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10 things you need to know this morning in Australia

Monday, 21 May 2018

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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.
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6 things Australian traders will be talking about this morning

Cooling trade tensions saw traders drive the commodity bloc currencies sharply higher, so the AUD had a strong session and is pushing towards US76 cents this morning.
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Toys 'R' Us Australia has collapsed into administration

Toys 'R' Us Australia has appointed voluntary administrators, with an uncertain future for 700 staff and 44 stores nationwide. 
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Trump's lauded North Korea summit increasingly looks set to blow up in his face

President Donald Trump's planned summit with North Korean leader Kim Jong Un increasingly looks doomed. 
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Australian millennials haven't thought through how to break into the property market

A survey by ING shows more than one third of millennials are saving to buy a home in the next three years. However, 61% of those surveyed were unsure how much money is required for a home deposit.
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Prospa's IPO is out, and two top VC firms have tipped in more money ahead of the $146 million float

The company has been backed by venture capital firms Airtree and SquarePeg, who've increased their investments ahead of the float.
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George Clooney dancing with Meghan Markle, 'dirty burgers,' and fireworks: Here's what went down at the royal wedding after-party

Prince Harry and Meghan Markle ended their wedding day with an intimate evening reception hosted by Prince Charles at Frogmore House. 

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