10 things to know this morning in Australia

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1. Fed President Jerome Powell indicates that US interest rates were "just below" neutral levels for the economy. His comments were made during a speech at the Economic Club of New York on Tuesday. He also said that there was "a lot to like" about the US economy, adding that the outlook remained solid. US equities posted their largest daily gain in six months, while US bond yields fell slightly and the US dollar fell in all areas.

2. The Australian dollar climbed Wednesday, posting strong gains against most major currencies. Fed Chairman Jerome Powell's cautious remarks have cast doubt on the pace of US Federal Reserve rate hikes next year, as US bond yields have fallen and the US dollar has fallen sharply. At 8am, Aussie was up 1.19% to 0.7309.

3. The economic calendar is stacked today with first level versions. In Australia, the focus will be on publishing third-quarter private investment figures at 11:30 am EDT, which proves the latest contribution to Australia's third-quarter GDP report for the week. next. After disappointing readings on retail and construction spending for the quarter, economists expect the news to be much better in terms of business investment. This 10-second guide tells you more about what to expect.

4. The British economy after the end of the Second World War, 8% of the countries could sink into the worst recession after a Brexit without agreement. This warning comes from the Bank of England, which added that the pound could also fall by 25% to the lowest level of history relative to the dollar. To learn more about the bank's uncompromising apocalyptic scenario, click here.

5. Bitcoin had a big night, recording its biggest daily gain since April, with prices going back over $ 4,000. But it has dropped by about 40% since Bitcoin Cash's hard spread on November 14th. More markets here.

6. Tensions rise everywhere. The US Navy's warships have shaken the Taiwan Strait on the powerhouse ahead of Trump's meeting with the Chinese president. Tensions between Washington and Beijing have been brisk in recent months, as a number of key issues remain unresolved. At the same time, Russia sends advanced missiles into Crimea as Ukraine announces it under the threat of a "large-scale war". It comes after a Russian weapon pierced a window-sized hole in the badpit of a Ukrainian artillery ship, where crew members are leading the boat. Here is an overview:

7. Two people died in the storms that wreaked havoc in NSW yesterday. One of them was a SES volunteer who collapsed while he was on duty at Wollongong, the other two died in separate car crashes in Sydney. One of them was a 14 year old boy. Meteorologists have stated that it was the wettest day of November since 1984 on the east coast. More here.

8. Magnus Carlsen won his fourth consecutive World Chess Championship title by beating Fabiano Caruana in London. After 12 draws unprecedented in long-term controls, clbadic chess matches gave way to breakthroughs in which Carlsen crushed Caruana 3-0.

9. Your summer entertainment is sorted. JPMorgan annually interviews more than 200,000 employees on the next major trends in film, books, music, theater and more. Here is the list of this year.

10. Missed our live podcast event? We have your back. Here are 25 of the best quotes from the Live Devils & Details event this week. They come from some of Australia's most outspoken and insightful commentators and badysts, who discuss investment, ownership and prospects for 2019. Enjoy!

ARTICLE IN BONUS: A US Border Patrol officer, outside working hours, accidentally unleashed a 19,020 hectare bush fire by firing a box of explosives as part of a party revealing the genre. Clearly, it went terribly wrong:

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