Elizabeth Knight is one of Australia’s best economic and business journalists, and she regularly writes informative, perceptive and lucid commentary on markets, the economy, and the actions of the corporate world. Knight is one of very few in the Nine world of whom you can assume you will read something intelligent. Her piece this week,
DXY was stable overnight: AUD was blasted anyway: North Asia carry crashes are back: Oil broke closing technical support: Metals mayhem: Miners mauled: EM at the neckline: Junk hiccupping: Treasury curve through the roof: Stocks through the floor: US jobs were Goldilocks really: Total nonfarm payroll employment increased by 142,000 in August, and the unemployment
SHFE and SGX were smashed this week: Overnight, Mad Dalian hit another new low: Coking coal is in free fall: Scuttlebutt is still terrible: In August, domestic steel demand weakened further, while steel production decreased, according to CSLPC. Iron ore’s slump comes as the China Iron & Steel Association advised mills against the impulse to
The Eastern Economic Forum began on Tuesday and [ran] through Friday. It [was] hosted by the Far Eastern Federal University in the Russian Pacific coast city of Vladivostok.
Sputnik is live as Russian President Vladimir Putin takes part in the Eastern Economic Forum in Russia’s Far Eastern Federal District.
US Republican candidate Donald Trump said on Thursday that he doesn’t know how to feel about Russian President Vladimir Putin stating a preference for his Democratic rival, Vice President Kamala Harris in the upcoming presidential election.
The resilience of the Russian economy in the face of harsh Western sanctions sent those cheering the rise of multipolarity into victory laps. And it has been a huge embarrassment to the West. But Russia’s burgeoning problem settling payments with China demonstrates that this resilience isn’t without setbacks.
International Reads: Kamala Harris’ magic number for revamping the corporate tax rate is nearly double what Trump is proposing – Fortune Goldman Sachs: Kamala Harris would be better for economy – NY Daily A Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs says – QZ Germany
Asian share markets remain uncertain leading up to tonight’s US unemployment print with only local stocks advancing appreciably while currency markets tread water although the USD is starting to soften again. Yen remains on a tear while the Australian dollar remains surprisingly resilient as it extends above the 67 cent level. Oil futures are looking
The post Macro Afternoon appeared first on MacroBusiness.
Monash University The National Cabinet has today agreed to provide $4.7 billion for more services to support the victim-survivors of sexual and family violence. The funding is a joint agreement between federal, state and territory governments. The new proposals include funding for sexual violence services, support for children and young Australians who have witnessed or…
Oxfam Australia Media Release In response to the Australian Government’s announcement to provide funding for humanitarian relief and emergency supplies in response to the recent flooding in Bangladesh, Oxfam Australia Director Programs and Transformation, Chrisanta Muli said: “It is heartening to see Australia stepping up to provide significant humanitarian aid in response to the devastating floods…
I’ve never sent one of these from the Burger before, but since a few kind people insisted on paying me for this blog, I insist on you giving you a freebie in return.
This is The Javan War, an origin story for Lucinda Hardy, one of the principal characters from The Cruel Stars trilogy. I finished writing the last book in that trilogy nearly one year ago, …