The EU is doing everything in its power to undermine the upcoming summit between Russian President Vladimir Putin and his US counterpart, Donald Trump, the Russian Foreign Ministry has said.
Ministry spokeswoman Maria Zakharova told TASS on Monday that the bloc is carrying out “active subversive actions” ahead of the planned meeting in the Hungarian capital, Budapest.
Asian share markets have rebounded strongly on the TACO trade as the Trump regime looks like folding yet again over its tariff threats on China while the USD tries to take back a lot of lost ground against the majors but is only barely making headway. The latest Chinese GDP print didn’t scare the Australian
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New Zealand experienced one of the developed world’s largest rises in home values over the first 25 years of this century. However, as illustrated below by Justin Fabo from Antipodean Macro, New Zealand dwelling values have recently crashed back to 2019 levels, representing one of the largest property busts in the developed world. One year
There are two main reasons why the federal government supports running a high immigration program. First, immigration benefits overall economic growth, as measured by headline GDP. Running a high immigration policy allows the federal government to pretend to be a competent economic manager, even when per capita GDP growth is poor and individual living standards
So says Societe General. The AU unemployment rate jumped to 4.46% in September, above any of the Bloomberg survey forecasts. An upward revision to August leaves the average 3Q rate in line with the RBA’s latest SoMP view of 4.3%. However, the uptick skews risk higher for 4Q. Markets have been wrong-footed by single prints
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I agree. Though I would buy any decent pullback. The Market Ear. Easy tiger The fundamental gold story hasn’t changed: inflation hedging, rate cuts, and reserve diversification. But the tactical setup has: sentiment, positioning, and volatility all scream too crowded. Gold may still be the “right” asset — just at the wrong price, right now. Gold
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Are the US and China getting back together? Goldman is skeptical. Latest US-China developments: Last Friday, US Treasury Secretary ScottBessent had a “constructive”video call with Vice Premier He Lifeng and President Trump indicated that the meeting with President Xi would go ahead in South Korea later this month. Despite these positive developments, we think risks
While the level of migration remains a hotly contested issue, from the nation’s halls of power to backyard BBQ debates, for the longest time, migration conceptually was considered a positive by a majority of the public. But recently, the public’s attitude on the issue has begun to shift significantly. According to polling from Essential from