A better mood on Asian share markets today bolstered by the new US-Japan “deal” which sent Japanese stocks more than 2% higher but has resulted in pushback from US car makers due to the details surrounding metal tariffs. Watch out for a possible reversal later tonight on Twitter! The BOJ will have its hands full
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The House Appropriations Committee voted Tuesday to rename the Kennedy Center Opera House after first lady Melania Trump, approving an amendment by Rep. Mike Simpson (R‑ID) as part of the fiscal year 2026 Interior, Environment and Related Agencies Appropriations Bill.
Kennedy Center Opera House One Step Closer to Becoming ‘Melania Trump Opera House’
New Zealand experienced one of the world’s largest house price increases during the pandemic, only for prices to then crash back to pre-pandemic levels over subsequent years. The following chart from Justin Fabo from Antipodean Macro illustrates the enormous boom and bust of New Zealand’s housing market. The upside is that housing affordability in New
Landmark battery with first contract to deliver system strength to local grid begins full operations
The Market Ear says the latter. Real economic headwind Goldman sees tariffs as a real economic headwind—not just a headline risk. Higher prices may drag on real incomes, stalling consumption and growth. Add slowing hiring and trade data, and the stage is set for policy shifts and weaker GDP. But there is always a silver
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As we know, the corrupt RBA won’t ever mention immigration, so it’s unable to forecast anything, least of all inflation. This has led to the RBA leading the economic charge backwards for well over a decade as it constantly worries about wage breakouts amid immense and permanent positive labour supply shocks that crush age growth.
The post Corrupt RBA completely lost appeared first on MacroBusiness.
Westpac with the note. Leading Index growth rate drops to 0.03% in June. Main drag coming from commodity prices, sentiment and hours worked. Detail suggests some near-term fragility if recent supports from financial markets, interest rate expectations and US growth fall away.. The recovery that was gaining traction through the second half of 2024 has