Blogotariat

The Market Ear has more. The “healthy” reset 1. Gold has pulled back into key support at $3,944–4,000, likely forming the base of a new consolidation within an ongoing bull trend according to JPM’s commodities team. 2. The bank expects central banks and Chinese buyers to provide solid dip demand as stretched investor positioning eases.

The post Gold crash over? appeared first on MacroBusiness.

If the shipping sector was a country, it would emit more than double that of Australia. The answer to this problem is blowing in the wind.

Washington’s nine-month pause on new restrictions against Russia has come to an end. President Donald Trump has imposed his first sanctions of his second term – targeting two of Russia’s biggest oil companies, Rosneft and Lukoil, along with their subsidiaries.

China HRC prices keep falling, indicating hot metal output is too high and must be cut to restore steel mill margins. Iron ore is on borrowed time while this dynamic persists. The Pilbara killer cometh. The Simandou project, the world’s largest source of untapped open-pit iron ore of the highest iron content located in Guinea,

The post Pilbara killer sows panic among among miners appeared first on MacroBusiness.

Remote, off-grid gold mine achieves a record 91 per cent wind and solar share over last month, and expects that to increase over spring and summer.

Earlier this week, housing minister Clare O’Neil lied on Twitter (X) claiming that “for the first time in a decade, new homes are being built faster”, that “the only way to make homes more affordable is to build more of them”, and “we’re doing exactly that”: O’Neil’s lies followed the release of the Australian Bureau

The post Clare O’Neil’s housing gaslighting tour continues appeared first on MacroBusiness.

A probable meeting between Xi and Trump next week gave some stability to markets over macro concerns that have outweighed earnings release on Wall Street, which rallied alongside European stocks overnight. Oil prices headed higher on more Ruzzian refinery setbacks and likely sanctions while the USD moved slightly lower against most of the majors except

The post Macro Morning appeared first on MacroBusiness.

French forces could be at war with Russia by 2028, the country’s newly appointed chief of staff, General Fabien Mandon, has claimed.

Moscow has repeatedly rejected claims that it plans to attack EU countries, saying any such allegations are being used by European politicians to scare the population and justify growing military spending. Russia has also said it is defending itself in the Ukraine conflict, accusing NATO of provoking the hostilities.

The plans are devised by Justice Michael Snow. He is the epitome of judicial prejudice. When Julian Assange appeared before Snow in the first hearing after being dragged from the Embassy, Snow called Assange a “narcissist” even though Assange had said nothing but to confirm his name, and no evidence had been led.

Asian share markets are facing mixed sentiment throughout the region with a squeeze on Ruzzian oil due to sanctions helping the sweet crude market while Japanese politics are seeing a selloff in Yen and in stocks. Currency markets are seeing some strength return to the USD which has been taking back its recent lost ground

The post Macro Afternoon appeared first on MacroBusiness.