Mining stocks have just pushed Australia's broader equity market into fresh territory. The sector's impressive momentum isn't just a blip—it's reshaping the entire market narrative right now. These gains aren't isolated either. When commodities get this much traction, it typically signals something bigger brewing in the macro environment. For traders keeping tabs on global asset correlations, this Australian move deserves attention. Mining performance often acts as a bellwether for risk appetite and economic expectations. The fact that we're seeing record highs here? That's worth noting as you map out where capital might flow next.