Blogotariat

From a Chinese captured RIO yesterday: The Simandou product of more than 66% iron content will be the caviar of iron ores as the “normal” iron content is only 58%, Gerard Rheinberger told Business Report at the sidelines at Mining Indada in Cape Town. “The high grade and low impurities make the Simandou product a

The post RIO upsells the Pilbara killer appeared first on MacroBusiness.

SQM Research has published property listings data for January, which were up 2.7% year-on-year, led by Melbourne, Sydney and the smaller capital cities: The more interesting statistics was that distressed listings jumped 9.0% in NSW in January, to be up 16.3% year-on-year: The number of distressed property listings have also risen sharply in Victoria, the

Risk sentiment surged overnight on Wall Street with another new record high as the USD fell back while bond markets remained volatile but unchanged. European stocks still couldn’t find much confidence as ECB inflation expectations remain mixed. The Australian dollar rose slightly despite being under the pump as it remains stuck just above the 65

The post Macro Morning appeared first on MacroBusiness.

Can the CCP even save stocks? Not on its current trajectory. Goldman has more. MSCI China has experienced a roller-coaster ride to start 2024, falling 12% in the first 16 trading days on intensifying growth and policy concerns before bouncing 8% from the low at one point on a larger-than-expected RRR cut and rising National

The post Can Chinese stocks save iron ore? appeared first on MacroBusiness.

DXY eased overnight: AUD stopped falling: North Asia too: Oil and gold firmed: Dirt is conspicuously ignoring the China stock save: Miner meh: EM meh: Junk meh: Yields meh: Stocks only go up! UBS with the discussion: How might the dollar trade if US growth stays very strong? Last week’s release of strong Jan US

The post Australian dollar smashed by Donald Trump appeared first on MacroBusiness.

Telecommunications Industry Ombudsman Media Release The latest data from the Telecommunications Industry Ombudsman (TIO) reveals that consumers and small businesses made 14,671 complaints between October and December 2023, an increase of 13.4 percent compared to the previous quarter, but a 17.9 percent decrease compared to the same time last year. Explore the interactive data dashboard …

Earlier this month, PropTrack released its quarterly rental report, which showed that the number of homes listed for rent across Australia fell to a record low in December after declining 4.7% year-on-year. The total number of properties available for rent nationally in December 2023 was 30.2% below the December decade average, according to PropTrack: PropTrack’s rental

UNSW researchers believe the huge volumes of data from rooftop PV monitoring systems could be put to use to detect smoke from bushfires.

9 May 2023

Australian lawmakers have met United States Ambassador Caroline Kennedy, urging her to help drop the pending extradition case against WikiLeaks founder Julian Assange and allow him to return to Australia.

The “Bring Julian Assange Home Parliamentary Group” said on Tuesday it informed Kennedy of “the widespread concern in Australia” about the continued detention of Assange, an Australian citizen.

Asian share markets are generally in a positive mood despite the absence of a strong lead from Wall Street overnight as reduced volatility in bond and currency markets helps settle nerves and paper over real macro problems.  The USD has given up a small amount of ground but remains strong following the upside surprise in

The post Macro Afternoon appeared first on MacroBusiness.

The European Commission sends "clear signal to investors" with proposed 90% emissions reduction target for 2040.

Below is an interview with Sky News’ Sharri Markson and Judo Bank’s Warren Hogan discussing Tuesday’s decision by the RBA to keep the official cash rate on hold, among other topics: In the interview, I reaffirmed my position that the RBA will cut rates in the second half as inflation falls globally and the economy

The post RBA takes sensible position on interest rates appeared first on MacroBusiness.

Independent Tertiary Education Council Australia Media Release Legislation introduced into the Australian Parliament to amend the skills training system’s regulatory framework could be strengthened by the addition of provisions to avoid regulatory overreach. That’s the position of the Independent Tertiary Education Council Australia (ITECA), the peak body representing independent providers in the skills training, higher…