The Australian dollar is buying close to 93 US cents now. 

 

And commodity prices jumped overnight.Golds saw its biggest jump in three months, while oil prices are also rising. 

 

An anti-coal activist has been given unconditional bail over charges of releasing a fake press statement that forced a trading halt on Whitehaven Coal. Jonathan Moylan issued the hoax release in January, saying the ANZ bank had withdrawn funding from Whitehaven Coal's Maules Creek Mine in northwestern New  South Wales. The release saw more than 300 million dollars wiped off the share price before it later recovered. Moylan appeared briefly in court today and the matter has been adjourned until September.

 

And the biggest story of the day. The royal baby boy isn't just a boon to the royal family, but the UK economy as well, according to the UK's Centre for Retail Research. The parties are expected to net 87 million pounds for retailers. Toys and souvenirs 80 million pounds and media of the event will come in just under that, totalling 243 million pounds or nearly half a billion Australian dollars.