DXY is getting pounded again. AUD is up. Lead boots too. Gold surged. Oil caput. Metals mania! Even gave life to mining dogs. EM faded. Junk up. Yields down. Stocks paused. Instead of Trump mania, we got Bessent calm. Bloomberg. Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees
Last night saw risk markets unable to make headway again, although European stocks sold off across the calendar as the lack of any progress on any trade deals with the Trump regime continues to weigh. Wall Street tried to eke out more record highs but were pulled back in selloffs in tech stocks as more
The mix of Australia’s international student enrolments has shifted dramatically during the last two decades. In the January-April period of 2005, 288,579 overseas students were studying in Australia, according to the Department of Education. China (63,635) led enrolments, with India (24,642) coming in a distant second. The Department of Education did not even mention Nepal. A
Cotality’s latest Housing Chart Pack valued Australia’s total residential housing stock at $11.5 trillion as of June 2025, comprising 11.3 million dwellings. This means that the average value of an Australian home was $1,018,000 in June 2025, a remarkable figure that ranks Australian housing among the most expensive in the world. Aussie YouTuber Biko Konstantinos
A soft risk taking mood on Asian share markets today following yesterday’s quiet sessions as concerns continue over the inability of the Trump regime to get any trade “deals” cut before the August 1st deadline, with India and Japan effectively ruling out any such notion. Meanwhile the Europeans are pushing back on the new baseline
Tonight, I will be appearing on DFA Live with Martin North from 8:00 pm AEST, where we will discuss everything related to housing, energy, and the economy. The YouTube feed is below. I hope to see you there.
The post Join me tonight on DFA Live with Martin North appeared first on MacroBusiness.
Wokey continues its good work for the CCP, led by Bernard Keane, China groveller extraordinaire. Abbott’s hypocrisy on this was so extraordinary that even the toddler speaking with him pointed out he’d negotiated a free trade agreement with China when he was briefly prime minister. Abbott defended himself by saying it was possible to see
The federal government’s election pledge to reduce student debt for about three million Australians will be a legislative priority for the first week of the new parliament. University graduates will have their debt reduced by 20%, but e61 Institute economists Jack Buckley and Matthew Maltman have concluded that people in the top third of income-earners
Westpac with the credit card tracker. The Westpac-DataX Card Tracker Index* was largely unchanged over the first two weeks of July. At 137, the latest weekly read continues to hold around the lower end of the range seen since mid-May. The quarterly growth pulse is holding in the 0.9-1.1% range that has prevailed for
Drew Hutton has been credited with co-founding the Greens with Bob Brown. Hutton was the lead Queensland Greens Senate candidate for many years and ran for the party in numerous elections. Following his retirement from parliament, he founded Lock the Gate and led a successful campaign against coal seam gas. However, on June 24, Drew