Blogotariat

Trump’s oil sanctions appear to be having some impact. Russian President Vladimir Putin remained defiant on Thursday (Friday AEDT) after US President Donald Trump hit Russia’s two biggest oil companies with sanctions to pressure the Kremlin leader to end the war in Ukraine, a move that sent global oil prices sharply higher. The US sanctions prompted Chinese

The post Will there be an oil TACO? appeared first on MacroBusiness.

Various people are weighing in on Victoria disease and its causes. The adipose are calling for a police state. Eddie McGuire says Melbourne may need a Los Angeles-style crackdown on crime to encourage people back into the city ­centre. While the city remains electric at night and during major events, Mr McGuire said weekday activity

The post Diagnosing Hellbourne appeared first on MacroBusiness.

The Coalition has long been accused of having a “women problem”: an inability to effectively engage with the nation’s female voters and identify key issues that resonate with this demographic. In terms of the hard data, the Coalition has been underperforming with women relative to men for over two decades. According to the ANU Election

The post Australian women and the path to electoral victory appeared first on MacroBusiness.

If there is a substantial expansion of the size of the federal Parliament, it will be a rare event. It has only happened twice before since federation, and hasn’t happened at all in my lifetime. About two thirds of Australian voters hadn’t cast their first vote before the last expansion in 1984.

At that year’s election, the House of Representatives was expanded from 125 to 148, adding 23 new electorates across the five mainland states. Almost every seat was redrawn, and the map looked quite different aftwards.

So with something so rare, how do we know how it would likely play out?

The ferrous market is in a period of comprehensive excess that cannot last. Even AI can read a broken ferrous market now. Record-high Chinese iron ore imports in recent months create a disconnect with domestic steel production trends. While import volumes surge, steel mill output faces restrictions from profitability constraints and government-imposed production limits, indicating

The post Iron ore piles up in China appeared first on MacroBusiness.

As I said last time, Anthony Albanese has succeeded in making Labor the natural party of government in Australia, relegating the rightwing opposition to the role of “B team” and marginalizing the Greens and progressive independents. The cost has been the abandonment of Labor’s historic role as the “party of initiative”, pushing against the conservative “party of resistance”. Indeed, the reverse is now closer to the truth

Friday night saw the release of the latest inflation figures in the US which came in relatively soft given the tariff push on consumers and importers, but it opens the door for a probable “safe” cut from the Fed in its upcoming meeting. Further talks between the Xi and Trump regimes on rare earth exports

The post Macro Morning appeared first on MacroBusiness.

Last week, the vassal governor of Australia Anthony Albanese went to the imperial court in Washington and paid tribute to King Trump in the form of a “landmark deal” for joint mining of Australian rare earth deposits. The goal is to break China’s stranglehold on these critical minerals.

Toward the end of World War II in Europe, the US government pondered a plan to not only demilitarize but also disintegrate and deindustrialize postwar Germany.

Australia's most advanced renewable grid hits new wind and solar records, with batteries also playing a key part and gas relegated to a minor role.

The latest figures on intimate partner femicide show much of a recent rise in men killing women has now been reversed, at least temporarily. Prologue: Violence against women is a bad thing, and it’s still bad even when, as the … Continue reading →

DXY is not going away. AUD is at the top of its recent range. CNY has given up the ghost. Gold is still vumnerable in my book. AI metals to the moon. Rio is the chosen one. EM breaking higher. Junk is back at the core but not the periphery. Yields stalled on oil. Stocks

The post Major bank: Australian dollar to keep rising appeared first on MacroBusiness.

At a time in our history when the US tells us that Australia is valued mainly for the sacrifice we are expected to make in joining its strategy against China, our Prime Minister is undermined by intelligence that is incapable of dealing with the bifurcated risk now emerging starkly.

Mike Gilligan