Chancellor-in-waiting Friedrich Merz and his CDU won Germany's election, yet his personal popularity is low — and getting lower. Most Germans don't trust him, not least because of his approach to the far-right AfD.
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Easy Listening
The post Macro Afternoon: 29 April 2025 appeared first on MacroBusiness.
This new legislation is the worst attack on England’s ecosystems in living memory.
By George Monbiot, published in the Guardian 24th April 2025
On Wednesday, the all-important Q1 CPI will be released by the Australian Bureau of Statistics (ABS). CBA expects the policy-relevant trimmed mean CPI to print at 0.6% for the quarter, bringing the annual rate down to 2.8%, within the RBA’s target band. Six-month annualised trimmed mean CPI would also slow to only 2.2%, well within
The post Market tells RBA to cut fast and deep appeared first on MacroBusiness.
As increasing numbers of Australians have chosen to vote early, we have now reached a point where the country is split roughly into two halves – one half voting before election day, through pre-poll voting, postal voting and remote booths, and the other half casting their vote on the day. There are also a few small batches of votes that can’t be identified as being cast on election day or before, but nearly everyone falls into one of these two groups.
Coalition transport spokesperson Bridget McKenzie floated on Sunday, working with state governments on a road user charge after arguing that tax breaks for electric vehicle (EV) owners are being subsidised by internal combustion engine (ICE) car drivers. “The reality is under the Labor Party, they’re not contributing”, McKenzie told ABC’s Insiders. “The roads are deteriorating
Michael Hartnett at BofA. Zeitgeist:“If no recession, equity lows are in, simple; but can’t jump back on bull unless Treasury yields falling below 4%, and earnings growth stays above 5%”, asset allocator. Tale of the Tape: 3Bs of Bonds (fastest 50bps UST jump since May’09), Base (Trump approval drop from 53% to 46%–Chart 3), Billionaires
The post Hartnett: Sell appeared first on MacroBusiness.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
Debate is raging today about a label that Peter Dutton has applied to the ABC and The Guardian that they are “hate media”. Regular readers will know MB’s frustration with the bias of these outlets when it comes to subjects such as the impacts on Australia of immigration, energy, and foreign relations. I would describe
The post ABC and Guardian are a form of “hate media” appeared first on MacroBusiness.