Asian stocks are responding positively to the overnight solid moves on Wall Street and on European bourses with the ASX200 actually leading the way in today’s session. The USD remains on the ropes after falling sharply against the majors on Friday night but is seeing a slight blip higher despite some dovish cooing emanating from
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The US is having a grown-up jobs debate that would serve Australia well (or it would be if the Child President didn’t sack everybody he disliked). Goldman is typical. The Bureau of Labor Statistics (BLS) will publish a preliminary estimate of the benchmark revision to March 2025 nonfarm payrolls on September 9th. We estimate a downward
The Market Ear on is that all? Quick fear The latest move higher in VIX (including today’s “reset” lower) shows you that the reaction in VIX has been rather fearful. The short term “gap” between SPX and VIX (inverted) is wide. Source: LSEG Workspace Who do you trust? The VVIX panic has been “substantial”….leaving the
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The news on inflation continues to improve, following the latest benign Q2 CPI print from the Australian Bureau of Statistics (ABS). On Monday, the Westpac-Melbourne Institute (MI) monthly CPI gauge was released. As illustrated below by Justin Fabo from Antipodean Macro, quarterly trimmed mean inflation remained low in July, undershooting the ABS measure. On Fabo’s
In recent years, cultural productions have often been criticised for ideological reasons in opposition to "wokeism," whether national or international. A form of "wokeism" paranoia has mingled with another, much more concrete sentiment: a strange nostalgia.
La production industrielle des biens culturelspar Arcture
The sad vestige of globalism marching across the Harbour Bridge this weekend has met its maker already. Prime Minister Benjamin Netanyahu has reached a decision for the full occupation of the Gaza Strip, including operations in areas where hostages are held, a source in the Prime Minister’s Office told The Jerusalem Post on Monday. Meanwhile, the sad
The Trump administration announced on Friday, Australian time, that Australia would be subject to the baseline 10% tariff. The result was positive news, reflecting that Australia is one of the few countries with a large deficit to the USA, importing more than double the goods and services we export to the US. Australia also has
Victoria disease is metastasising: The economies of Victoria’s neighbouring states may be the real winners of Premier Jacinta Allan’s plan to enshrine in law the right to work from home, as businesses eye a possible move across the border, the peak business bodies in Labor-led NSW and South Australia say. Ms Allan announced on Saturday
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The Lockheed Martin F-35 Lightning II is an American single-seat, single-engine, supersonic stealth strike fighter. It is a multirole combat aircraft designed for both air superiority and strike missions, it also has electronic warfare and intelligence gathering capability1.
The Royal Australian Air Force has obtained 72 F35s and these are primarily based at Williamtown air base near Newcastle, with some being operated from Tindal air base in the Northern Territory. Numerous parts for the aircraft are also manufactured in Australia2.