Overnight markets have shaken off the mixed US earnings tape to trade higher across credit, FX and equities. The major mover during the Asian timezone is the AUD, which is about 0.4% firmer against the greenback following the Australian CPI print which rose to +3.0% YoY.

Today's lead article is about our investment in the Internet of Things. And in a day devoted to the investment prowess of Warren Buffett I write also about the cleverness of a non-Omaha-based investment guru, George Soros.