// COMPARE

AUD/USD rallied to 0.7166 (+0.47%), the best G10 performer as oil-stress easing lifted commodity currencies and the dollar's geopolitical bid faded.

Aussie trades as a risk-on / China-proxy basket — with S&P 500 at fresh records and Hormuz tail risk fading, the pair gets a clean tailwind. RBA hawkish hold last week still underpins.

China PMI data over the weekend is the next test. Resistance 0.7200 (psychological); support 0.7120. A risk-off reversal on fresh Iran headlines could quickly reprice the entire move.

Alphabet rose 0.33% to $390.13. Anthropic's Claude Opus 4.8 release plus the $1T pre-IPO valuation reinforced GOOGL's strategic investment thesis; Samsung HBM4E added an upstream positive.

Anthropic's valuation is a direct mark-to-market on GOOGL's stake. With the Cloud Anthropic partnership deepening, GOOGL captures both equity upside and the workload demand. Search-cannibalization fears recede this week.

Anthropic IPO timeline detail; any Gemini 3.0 release leak. Resistance $395 then $400. Support $385. Antitrust calendar still quiet.