The big news to end the trading week here in Asia is a possible turnaround on the Trump Tariffs on Chyna with Asian stock markets lifting in general across the region while the USD was pushed significantly lower, particularly against Yen. This was helped by the expected rate rise by the BOJ in its meeting
ANZ with the details. The global gas market showed tentative signs of recovery last year following recent supply side shocks. However, the market remains finely balanced. We see a few key issues dictating the market in 2025. Geopolitical issues are likely to dominate global gas markets this year, particularly Russia’s role as a gas and
Blackrock’s Larry Fink is badly upsetting the Aussie applecart at Davos. Larry Fink, CEO of @BlackRock, says developed nations with “xenophobic” immigration policies are going to have a higher standard of living than ever before. Non-xenophobic countries are going to have social problems with their new 3rd world immigrants. pic.twitter.com/XkDvBgFUsY — National Conservative (@NatCon2022) January
This is a great idea. Coalition MPs are pushing for bolder “Australia-first” populist policies in the wake of Donald Trump’s victory in the US, as an influential conservative think-tank questions the party’s economic vision. What form does it take? The opposition’s first economic policy of the year – a tax deduction for business lunches –
The latest polling from Resolve Political Monitor shows that Australians continue to dump the Albanese government over cost of living concerns and the perception that life is getting harder. According to Resolve’s polling, half of voters expect inflation to get worse in the near future and 46% expect their real wages to fall this year.
David Einhorn of Greenlight. We have reached the ‘Fartcoin’ stage of the market cycle. For those unfamiliar, Fartcoin is a cryptocurrency created late last year that appreciated from a nominal value to over a billion dollars. Like other cryptocurrencies, it is tradable 24 hours a day, 7 days a week. Other than trading and speculation,
The Market Ear with the latest equity internals. Stuck SPX has traded inside the same range since September last year. We still lack a new trend, but people still get bearish at range lows, as well as they tend to get bullish at range highs. You are not early chasing this squeeze. Chart shows the
Goldman with the note. We invited Mr. Xin Zeng Meng (Senior Researcher at China Index Holdings Limited) to discuss recent observations on the China property market and his views on the policy outlook. YTD market performance and N-T outlook: Mr. Meng remains broadly constructive on a stable market outlook in 1Q25, given YTD market still
DXY held on. AUD firmed. CNY did not. Oil fell on Trump comments. Metals followed. Miners edged up. Who needs EM when there’s Fartcoin? Junk is really stuck. Yields lifted. Stocks too. The AUD counter-trend move continues as the market toys with less severe tariff outcomes. Citi has more. We recently flipped from bullish to
The Aussie flash PMI is pancaked. Flash Australia PMI Composite Output Index(1): 50.3 (Dec:50.2). 5-month high. Flash Australia Services PMI Business Activity Index(2):50.4 (Dec: 50.8). 6-month low. Flash Australia Manufacturing Output Index(3): 50.0 (Dec:45.8). 26-month high. Flash Australia Manufacturing PMI(4): 49.8 (Dec: 47.8). 12-month high. Data were collected 09-22 January 2025. Business activity in Australia’s