Wall Street finally stopped flailing around while European stocks pushed higher despite more Trump Tariffs, as the EU gets caught in the crosshairs of Putin’s Puppet. While the Canadian/Mexican tariffs are being postponed to April, the EU is going to get hit with a 25% round, possibly sooner particularly on cars and other manufactured goods.
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How did we wind up with duds like Albanese and Dutton?The major parties are presenting an invidious choice at the coming election. How did we end up having to choose between such flops?
BY BERNARD KEANE
Polish Prime Minister Donald Tusk said that a group of European leaders will head to London Sunday to discuss joint plans on defense and security.
Keir Starmer has announced that Britain will “fight for peace in Europe” with a generational increase in defence spending paid for by slashing the foreign aid budget.
The most significant information in Wednesday’s monthly inflation indicator from the Australian Bureau of Statistics (ABS) was the sharp decline in housing inflation. As illustrated below by Justin Fabo from Antipodean Macro, the easing in CPI rent inflation continued in January, with rents rising by only 0.3% over the month to be 5.8% higher year-on-year.
Asian share markets are very mixed with Chinese shares lifting while the rest of the region is playing along with the downtrend on Wall Street as the upcoming Canadian/Mexican tariffs look like starting soon, although that’s clear as mud due to the ongoing clownshow at the White House. Meanwhile locally the latest monthly CPI print
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Deutsche with the note. We wrote yesterday that our conviction level on the bearish EURUSD view had declined largely on consistent signalling of a more conservative fiscal policy from the US administration than what we had assumed since the start of the year. This is the primary reason behind the recent rally in US Treasuries,
