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Macro Afternoon

March 31, 2025 - 17:30 -- Admin

A sea of red across Asian stock markets in response to the poor finish to the trading week on Friday night on Wall Street with Japanese bourses falling sharply as exporters worry about the next round of Trump tariffs. The USD is losing ground against most of the major currency pairs although the appreciation in

Iron ore everywhere!

March 31, 2025 - 13:00 -- Admin

Iron ore continues its plod sideways as steel falls away. The Office of the Chief Economist’s quarterly forecast is out is an interesting mix of fear and greed. It has finally mustered the courage to include the Pilbara killer in its supply outlook but it has spread the ramp up of shipments very conservatively so

Albo protects gas cartel with more lies

March 31, 2025 - 12:30 -- Admin

As we know, the Albanese government is an inveterate liar on most matters of economics. Today, he adds to the ignominious record. Albanese said the Australian Domestic Gas Security Mechanism, which enables the government to pressure exporters to release more domestic gas when needed, was working sufficiently. “The spot price is at $13. When we

Why Australia has a housing crisis

March 31, 2025 - 11:30 -- Admin

Alan Kohler produced an explainer video for ABC where he summarised Australia’s housing crisis with the following: “We know that dwelling approvals have been in trend decline for 10 years”. “We also know that population growth has been climbing for 20 years driven by a doubling and then tripling of migration”. “This is why we

Stock bubble ready to burst

March 31, 2025 - 11:00 -- Admin

The Market Ear on some worrying signals for the bubble. Mother of all trend lines Does this look bullish to you? Big rejection as we tested the 200 day and the huge trend line from below. 50 crossed the 100 day, marking the “light” death cross. NDX 19k is the must hold area. Source: Refinitiv

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