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Renew Economy Friday, March 21, 2025 - 10:39 Source
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MacroBusiness Friday, March 21, 2025 - 10:30 Source

The Market Ear with an amusing set-up for equities. The humans have turned bearish. The robots want to buy! Massive MOVE Bond volatility has sold off aggressively over the past sessions. Source: Refinitiv SPX and bond volatility We have not seen such a big move lower in bond volatility and SPX not catching bids, at

The post When robots dream of rising stocks appeared first on MacroBusiness.

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THE BLOT REPORT Friday, March 21, 2025 - 10:18 Source

In 1998, gastroenterologist Andrew Wakefield and 12 of his colleagues published a case study in one of the most highly respected medical journals, the UK’s Lancet. This paper suggested that the measles, mumps and rubella (MMR) vaccine may predispose children to behavioural regression and pervasive developmental disorder (i.e. autism). Despite the small sample size of only 12 individuals, the lack of controls, and the speculative nature of the conclusions, the paper received wide publicity, and MMR vaccination rates began to drop because parents were concerned about the risk of autism after vaccination1.

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MacroBusiness Friday, March 21, 2025 - 10:00 Source

I have repeatedly labelled the Australia-United States Free Trade Agreement (AUSFTA) a terrible deal for Australia that massively favours the US and disadvantages Australia. The Crawford School of Public Policy at the ANU conducted a study of the Australia-US FTA, and found that a decade after signing, the agreement has diverted more trade than it

The post Australia should tear up FTA with the USA appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 09:30 Source

The jaws are getting stupid as steel prices are in free fall. This gap is destroying steel mill profitability. They are not overstocked with ore but they’ll need to run even tighter inventories soon to cut the price of inputs. The news flow is awful. The European Union will tighten steel import quotas to reduce

The post Iron ore is going to break… appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 09:29 Source

DXY is maybe going to bounce. AUD got an RBA wake up call from jobs. Lead boots continue to stroll to Mar-A-Lago. Oil CTAs threatening. Sell copper before Goldman does. Big miners caput. EM meh. Junk serene is bad news for stocks. Yields eased though. As did stocks. RBA futures have nearly added three cuts

The post Australian dollar sinks with jobs appeared first on MacroBusiness.

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Your Democracy Friday, March 21, 2025 - 09:26 Source

America's big tech sector is lobbying the Trump administration to take up a new fight with the Australian government — over its rules governing social media and streaming services. 

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MacroBusiness Friday, March 21, 2025 - 09:00 Source

Last night saw the Bank of England and Swiss Central Bank meetings, the latter cutting while the former is looking to ease soon as concerns over the Trump Trade War continue to mount across the financial complex. Wall Street pulled back slightly while European stocks had a broader selloff albeit still near their recent highs.

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Friday, March 21, 2025 - 08:00 Source

Thursday’s labour market release from the Australian Bureau of Statistics (ABS) was superficially good, with the headline unemployment rate remaining at a low 4.1% in February (4.05% in unrounded terms). This meant that Australia’s headline unemployment rate remained slightly below the Reserve Bank of Australia’s (RBA) projections. That was where the good news ended, however,

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MacroBusiness Friday, March 21, 2025 - 07:00 Source

China (31.5% of total), the United States (13.0% of total) and India (8.1% of total) are the world’s three largest carbon emitters. In 2023, these three nations accounted for more than half (52.6%) of the world’s carbon emissions. As illustrated above, China and India are rapidly growing their emissions while the developed world is cutting

The post Should Australia abandon net zero? appeared first on MacroBusiness.

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The Tally Room Friday, March 21, 2025 - 07:00 Source

Ben is joined by Ben Moffitt from Monash University to discuss the role of right-wing minor parties in federal politics, why it is so hard for them to work together, and chances in the Senate. We also discuss the seat of Hunter in New South Wales.

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Your Democracy Friday, March 21, 2025 - 06:57 Source

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Your Democracy Friday, March 21, 2025 - 06:33 Source

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MacroBusiness Friday, March 21, 2025 - 00:05 Source

As we know, Australian industry has been dying for decades. So much so that we leading the OCED into industrial oblivion. Now, the death of Australian industry is at hand. Bloomberg. Near the Indonesian city of Surakarta, a one-time royal capital on the island of Java that’s long been known for producing elaborate fabrics, dozens

The post The death of Australian industry is at hand appeared first on MacroBusiness.

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George Monbiot Thursday, March 20, 2025 - 22:07 Source

We face a potential global food crisis, and no one is secure until everyone is secure.

By George Monbiot, published in the Guardian 16th March 2025

I hate to sound like a prepper, but I feel bound to confess that over the past month I’ve been stockpiling food. I think, if you can, you should do the same.

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Renew Economy Thursday, March 20, 2025 - 18:15 Source
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Your Democracy Thursday, March 20, 2025 - 18:09 Source

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Renew Economy Thursday, March 20, 2025 - 17:43 Source
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MacroBusiness Thursday, March 20, 2025 - 17:30 Source

A very mixed session across Asian stock markets despite a rebound on Wall Street overnight with steady Chinese interest rates not lifting stocks in the Middle Kingdom as expected while local stocks ending up higher on the latest unemployment numberwang print. The USD is trying to fight back as it remains weak against Euro and

The post Macro Afternoon appeared first on MacroBusiness.

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Your Democracy Thursday, March 20, 2025 - 14:26 Source

People behind The Simpsons use the animated sitcom to “program” the audience and prepare it for real-life events, a senior Russian mufti has claimed. 

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Renew Economy Thursday, March 20, 2025 - 14:21 Source
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Renew Economy Thursday, March 20, 2025 - 14:18 Source
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MacroBusiness Thursday, March 20, 2025 - 14:00 Source

The Reserve Bank of New Zealand has cut the official cash rate by 1.75% to 3.75% over the past six months. New Zealand’s gross domestic product (GDP) rose 0.7% in the Q4 2024 quarter, following a 1.1% decrease in the Q3 2024 quarter, according to figures released by Stats NZ on Tuesday. The result was

The post Reserve Bank pulls economy out of recession appeared first on MacroBusiness.

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Renew Economy Thursday, March 20, 2025 - 13:54 Source
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Your Democracy Thursday, March 20, 2025 - 13:53 Source

Emmanuel Macron announced an increase in military spending on Wednesday evening, specifying that it would not be financed by tax increases and by preparing the French for further budget cuts. Mobilizing savings is reportedly under consideration. For its part, the left is arguing, on the contrary, for the wealthiest to contribute.

 

Financing Future Military Spending: A New Political Confrontation Ahead

 

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MacroBusiness Thursday, March 20, 2025 - 13:37 Source

ABS Labour Force today was OK at the headline level but sucked underneath. In seasonally adjusted terms, in February 2025: unemployment rate remained at 4.1%. participation rate decreased to 66.8%. employment decreased to 14,513,200. employment to population ratio decreased to 64.1%. underemployment rate decreased to 5.9%. monthly hours worked decreased to 1,973 million. full-time employment

The post Jobs market stalls appeared first on MacroBusiness.

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MacroBusiness Thursday, March 20, 2025 - 13:30 Source

Deloitte Access Economics has forecast that the federal budget will spend $99 billion off-budget over the next four years, with off-budget spending referring to when governments label spending as an investment rather than an expense. Deloitte Access Economics’ prediction represents a $10 billion increase on the December Mid-Year Economic and Fiscal Outlook (MYEFO), due to

The post Labor hides federal budget deficits appeared first on MacroBusiness.

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MacroBusiness Thursday, March 20, 2025 - 13:00 Source

A nice piece here from Deutsche Bank on the EUR. Now that the historic German fiscal shift has been voted through, the market focus will move to the April 2nd tariff announcement from the US. How do we think about the impact in the context of our bullish EUR/USD view? As we wrote last month

The post Is the Australian dollar dating or married to the euro? appeared first on MacroBusiness.

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Renew Economy Thursday, March 20, 2025 - 12:58 Source
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Renew Economy Thursday, March 20, 2025 - 12:53 Source

valley of the winds landscape

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