Beijing, we have a problem. The property recovery that never was is now in hard reverse post-tariffs. Leading indicators are in free fall verus previous saves in the primary market. It is the reverse in the secondary market as property dumping is the new black. Sales in primary markets are crashing. Inventory is yet to
The post Tariff shock smashes into Chinese property appeared first on MacroBusiness.
Risk sentiment is flat lining again as stock market volatility moves lower but all eyes still remain on US Treasuries and the USD itself with Swiss Franc now taking the lead while Euro took a slight back seat on poor sentiment readings in Germany. The impact on global trade continues to be felt with leading
The post Macro Morning appeared first on MacroBusiness.
The latest pricing from the interest rate futures market has the official cash rate falling to 2.9% by year’s end, suggesting another five 0.25% rate cuts this calendar year. The minutes from the latest Reserve Bank of Australia (RBA) board meeting cautioned that Australia’s $11.3 trillion housing market could be at risk if a series
The post RBA warns on housing ‘super cycle’ appeared first on MacroBusiness.
Former Russian President Dmitry Medvedev has branded incoming German chancellor Friedrich Merz a Nazi after he allegedly suggested that Kiev should destroy the Crimean Bridge.
Vladimir Zelensky’s office announced on Tuesday that it has fired the head of Ukraine’s Sumy Regional Military Administration, Vladimir Artyukh. The move follows accusations that Artyukh organized a military awards ceremony that was targeted in a Russian missile strike.
NSW begins major road upgrades to deliver huge turbine blades and “oversize” gear to renewable zones
Holy freakin' crap... Bill Maher is FLIPPING after meeting Trump....
https://www.youtube.com/watch?v=0182h4Q3YJQ
Celebrities did not respond kindly to comedian Bill Maher visiting the White House for dinner with President Trump and were even more incensed over his retelling of the dinner.
