SHFE and SGX bounced yesterday: Mad Dalian went further: Has anything changed to make $90+ iron ore viable? Yeh, it’s gotten worse. Westpac: We suspected that the recent bounce in iron ore prices back into the low $100s would be temporary before prices moved back down to $90 and then into the mid- $80s. Through
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Centre for Future Work Media Release The Australian Government should leverage its position as financier of renewable energy projects to guarantee strong labour standards in new energy and manufacturing jobs, according to a new report by the Australia Institute’s Centre for Future Work. According to the report, ‘Strings Attached: How Industry Policy Could Strengthen Labour…
The USD fell out of bed as the ECB cut rates as stock markets were green all across the board in response. The US PPI came in a bit softer than expected which added to the speculation of a broader cut by the Fed. Wall Street continued with its rebound, again led strongly by tech
The post Macro Morning appeared first on MacroBusiness.
THE SWIFT FACTOR — IT LOOKS LIKE GUS HIT A RAW NERVE AND THE READERSHIP HAS BUCKLED TO (IGNORED) MY POST ON TAYLOR SWIFT SUPPORTING KAMALA BEING ASSOCIATED WITH THE WARMONGERS LIKE CHENEY AND BOLTON — WHILE MAKING A STRANGE SIDE-REMARK ON ABORTION…
Treasurer Jim “chicken” Chalmers needs a pat on the back. He’s finally delivered interest rate relief. The problem is it is in Europe, not Australia. The reason? Treasurer Jim “chicken” Chalmers’s energy cowardice. Back in 2022, when first elected, the new Labor government sat on its hands as the Ukraine War began and the global
India is now Australia’s second largest international student source after experiencing explosive growth in recent years. Various migration pacts signed between Australia and India have facilitated the growth of Indian students, offering greater opportunities to study, work, and live in Australia. These include: The Australia-India Economic Cooperation and Trade Agreement (ECTA), signed by the former Coalition
Washington wants to see Kiev win the conflict against Moscow and join NATO, US Secretary of State Antony Blinken has said.
Blinken is visiting Kiev with his British counterpart, David Lammy, to reiterate Anglo-American support for Vladimir Zelensky’s government.
https://www.youtube.com/watch?v=moaP1EdcPVk
Dr. Gilbert Doctorow: Russian Politics and the Ukraine War
MEANWHILE:
FROM LARRY JOHNSON
Last decade saw an unprecedented number of high-rise apartment complexes constructed across Australia. A litany of structural defects uncovered in a 2019 Four Corners investigation entitled “Cracking Up” and elsewhere accompanied the high volume of apartments. “We’ve got a real problem here. It’s systemic and it’s infecting lots of buildings across the landscape, in all
By Bruce Wolpe The prosecutor put the convicted felon away. First, Kamala Harris made her case on where she wants to take the country. The polls have been telling Harris the voters do not know her well enough. She got the message and provided more depth on the economy, on energy, and on America’s leadership…
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The Australian Electoral Commission today announced the final decisions on boundaries for the NSW federal redistribution. As with the Victorian and Western Australian announcements last week, the AEC is yet to publish maps, digital boundary files or SA1 data. With the council election coming up this weekend, I’m not going to try to produce new estimates until the official determination on October 10, when that other data should become available.
Having sold our house, getting rid of stuff before the removalists arrived, and moving out, we are now ‘of no fixed address’. To take advantage of the situation, we have been on a road trip in northern New South Wales for a couple of weeks and a couple of thousand kilometres (with another week to go), visiting friends, relatives and colleagues, and have had only intermittent access to the internet. As a consequence, with all that palaver, as well as all the driving, I have written almost nothing in the last month. However, now I am getting back into it.
US inflation came in low. Services are still running hot, but that is mostly driven by housing costs. It would seem that the housing costs in CPI are probably overstated. See tables: Rental inflation, the largest part of services inflation, is still running hot in the report. This is at odds with what participants are
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