Wall Street continues to feel the heat coming out of the “Art of the Deal” from the White House as the trade spat with Canada continued overnight pulling European stocks down and keeping other risk assets at high volatility levels not seen for over a year. Asian stocks are likely to feel the correlated brunt
The post Macro Morning appeared first on MacroBusiness.
It was the mid-60s and The Canberra Times had a problem.
Rupert Murdoch was setting up The Australian just up the road on Mort Street: a fresh, modern-looking broadsheet with a national agenda. The Times, serving the national city since 1926, had a local challenger.
US National Security Advisor Mike Waltz has announced that he will get in touch with his “Russian counterpart” in the coming days to discuss a potential settlement to the Ukraine conflict.
The official made the remark following negotiations with a Ukrainian delegation, who reportedly agreed to Washington’s proposal for an interim ceasefire.
The Australian Bureau of Statistics (ABS) released its Q4 national accounts last week, which was a disaster for households. While the overall economy finally exited the 21-month per capita recession, real per capita household consumption declined for a record eighth consecutive quarter. The income side of the ledger was even worse. Annual real per capita
The news has become intolerable and inhumane. Democracy’s vital feedback mechanism is broken
It is little wonder that people are turning off the news in record numbers. The images are often unwatchable, the descriptions beyond imagining, the scale incomprehensible.
Everywhere you look the cruelty of the human spirit is on display.
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 11 March 2025 appeared first on MacroBusiness.
Syrian security forces are alleged to have executed dozens of people belonging to the Alawite minority in the coastal province of Latakia, according to a war monitoring group.
