Risk sentiment is slowly lifting and stock volatility moving lower but all eyes must remain on global bond markets and the USD as the big shift is happening beyond the equity market headlines. The short covering rally on Wall Street could continue for a little longer but USD is still slowly losing its reserve currency
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Gas is the talk of the town, while nuclear is not, but a massive increase in solar power generation capacity has already put Australia on the fast track to a 100% renewable energy future. Solar cell engineer Andrew Blakers explains.
TOON TO COME
Ukraine’s Vladimir Zelensky should never have started a war with Russia, US President Donald Trump has said.
In a press conference alongside El Salvador’s President Nayib Bukele in the Oval Office on Monday, Trump commented on Zelensky’s recent offer to finance $15 billion worth of Patriot air defense batteries with the aid of Kiev’s European backers.
“He’s always looking to purchase missiles,” the US presided noted.
It’s a cast-iron relationship: the more unequal a society becomes, the better the far right does. Here’s why.
By George Monbiot, published in the Guardian 13th April 2025
I have warned repeatedly that Australian housing affordability will not improve by blanketing our cities with high-rise apartments, as planned by state and federal governments. The reason is simple: it costs too much to build apartments. Therefore, they cannot be delivered at an affordable price to buyers. The exorbitant cost of apartment construction was highlighted
The American Empire is still fighting to be top dog — especially under Trump, who has inherited a declining empire from the Democrats… Some “democrat”-inclined people are still saying that the economy under Biden was solid, but in fact “Bidenomics” were on the skids, due to the increasingly unmanageable HUGE deficit being used to “finance the cushions”…
Joining too many dots, mainly Jewish….
Mark Rutte has expressed concern regarding Russia’s space capabilities and warned that Russia might be trying to send nuclear weapons in space. Also, Bundeswehr Inspector General Carsten Breuer has stated that Russia might be ready to attack NATO by 2029 and he urged the Bundeswehr to prepare.
Finally a relatively non-volatile trading session today although the newsflow remains weird with more Trumpian two-steps around tariffs on Chinese goods, while all eyes remain on the canary in the mine – the bond markets. The USD is still slowly weakening as it loses its reserve currency status with almost all the majors including gold
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