Blogotariat

Chinese inflation remains bogged. The CPI fell MoM and is going nowhere YoY. PPI is similar. As anti-involution weighs on domestic demand, I expect prices to keep falling. The real problem is unresolved. The black hole of real estate. Golden Week needs to be renamed something less auspicious. New property sales are down again for

The post Chinese deflation is for ever now appeared first on MacroBusiness.

Octopus Australia has bought a shovel-ready battery project in NSW, its first local purchase after receiving a $1 billion cash injection in July.

Australia has the second-largest concentration of international students in the world, behind the tiny nation of Luxembourg. Temporary visa data from the Department of Home Affairs shows that student and graduate visa holders comprised 3% of Australia’s population—almost one in 30 people—in the June quarter of 2025. This was up from 2.6% at the pre-pandemic

The post Labor pumps international student ponzi appeared first on MacroBusiness.

Several energy retailers are still labelling their power plans "carbon neutral" despite legal action forcing one of their competitors to apologise for the practise.

I first noticed the story about the epidemic of phone theft in London about a week ago because of some Aussie chick who chased her thief (unsuccessfully) and was so pissed off she tracked down all the CCTV footage of the crime and posted it, after which it went viral.

The unexpected visit of Syrian President Ahmed al-Sharaa — formerly known as the leader of Hayat Tahrir al-Sham*, a group once fighting against Russian forces — to Moscow has raised eyebrows across diplomatic circles. Many observers now question why the Kremlin chose to host a figure who only recently appeared on international terrorist lists and fought against Russian-backed troops in Syria.

Trade war tensions are keeping most risk markets contained but not in selling mode as Wall Street lifted again despite sentiment around the US economy as the latest Biege Book from the Fed was released overnight. The USD continues to decline as Fed members are still broadcasting a softer economy, particularly labour markets as ICE

The post Macro Morning appeared first on MacroBusiness.

DXY is fading again. AUD has bounced but not very convincingly. CNY stable. That is a golden parabola. AI metals not so much. RIO has broken the big bear downtrend. EM strong bounce. Junk not so much. Yields firmed. Bulls returned. One should expect more volatility as we approach the Trump/XI walkover. The balance of

The post Australian dollar gazumped by American rebound appeared first on MacroBusiness.

Carbon dioxide levels in the atmosphere hit a record high in 2024, according to a new report from the UN weather agency.

The World Meteorological Organization (WMO) said heat trapped by such greenhouse gases was "turbo-charging" the Earth's climate and causing more extreme weather.

Western nations should prepare to continue bankrolling Ukraine’s war effort against Russia for at least three more years, Polish Foreign Minister Radoslaw Sikorski has said during a visit to London.

Today, if we are to believe most polls, "Frexit" is supported neither by the majority of the population nor by the major parties. Is this because, ultimately, things are not so bad and there is therefore no need to try to improve the situation, or, as some claim, it would be apocalyptic if we did? On this fundamental question, there are numerous proposals, actions, and initiatives, as well as an abundant literature, all perfectly enlightening.

Federal green tick sought for underground connection to a new 2 GWh battery project planned by AGL in Queensland.