MacroBusiness
Wednesday, May 24, 2023 - 09:40
Source
SGX iron ore is sinking again, tracking rebar down: Dalian looks similar A desperado Bloomberg tried to make this a positive: China pledged to step up auditing work this year to ensure that Communist Party officials are enforcing the nation’s major policy initiatives, including stabilizing economic growth, employment and prices, state broadcaster CCTV reported. Auditors |
MacroBusiness
Wednesday, May 24, 2023 - 09:20
Source
The all-but-invisible Australian energy shock continues today with zero reporting in the iMSM as usual. The gas price has fallen back to $18.15Gj, only 50% above Albo’s supposed price cap of $12Gj. The same gas is available in Europe for $14.72Gj. Electricity prices are really pinning their ears back now with the 6-day moving average The post Gas cartel turns toxic conspiracy appeared first on MacroBusiness. |
MacroBusiness
Wednesday, May 24, 2023 - 09:00
Source
More failed US debt ceiling negotiations pushed risk markets into selling territory overnight on both sides of the Atlantic as the wall of worry was too high to climb. Currency markets fled to the safety of both USD and Yen with Euro smacked down to its previous weekly low while the Australian dollar headed straight The post Macro Morning appeared first on MacroBusiness. |
MacroBusiness
Wednesday, May 24, 2023 - 07:40
Source
DXY is up and away and last night it was X-date trouble, not solutions that did it: AUD has been shoved right to the precipice: Gold fell, oil rose: Commodities are screaming global growth trouble ahead: Miners are at the cliff’s edge too: EM stock yawn: EM junk is bleeding out: As CNY projective vomits The post Australian dollar shoved to the precipice appeared first on MacroBusiness. |
Cheeseburger Gothic
Wednesday, May 24, 2023 - 05:46
Source
When I lived in Sydney, I was in the habit of reading The Good Food Guide from cover to cover every Tuesday. Yeah. I was one of those wankers. (Even worse, I wrote for them later). Being in Brisneyland, I rarely pick it up now, but this piece popped into my newsfeed yesterday. |
Your Democracy
Wednesday, May 24, 2023 - 03:43
Source
British Prime Minister Rishi Sunak has shot down calls for a ceasefire in Ukraine, declaring that Kiev should keep fighting for as long as it takes to get the peace “it deserves.” Ukraine’s British and American backers have rejected calls for peace on multiple occasions before. |
Your Democracy
Wednesday, May 24, 2023 - 03:30
Source
From May 18 to 21, the meetings of the paramasonic and globalist club Bilderberg were held in Lisbon. |
Your Democracy
Wednesday, May 24, 2023 - 03:25
Source
German Chancellor Olaf Scholz has expressed his support for Joe Biden in next year’s US presidential election, saying the incumbent president is better suited for the top job thanks to his extensive experience in politics. |
MacroBusiness
Wednesday, May 24, 2023 - 00:05
Source
Sydney’s house price rebound continues to gain momentum, with CoreLogic’s daily dwelling values index now up 4.5% from its 7 February low: Sydney last week also recorded its highest final auction clearance rate (73%) since February 2022: Analysts are now warning that Sydney house prices could rise by 10% this calendar year. “The way things The post Sydney gears up for mega house price boom appeared first on MacroBusiness. |
MacroBusiness
Wednesday, May 24, 2023 - 00:01
Source
Global Macro / Markets / Investing: Forget quiet quitting. Millennials and Gen Zers are quietly working second jobs as they live paycheck to paycheck – Fortune Bill Gates says the big winner in A.I. will be whoever makes a truly useful smart assistant first – CNBC Survey of economists: Inflation will stay high this year, The post Links 24 May 2023 appeared first on MacroBusiness. |
Renew Economy
Tuesday, May 23, 2023 - 20:56
Source
|
Renew Economy
Tuesday, May 23, 2023 - 20:17
Source
|
Renew Economy
Tuesday, May 23, 2023 - 20:05
Source
|
Renew Economy
Tuesday, May 23, 2023 - 20:01
Source
|
Prosper Australia
Tuesday, May 23, 2023 - 19:59
Source
Prosper’s submission to the Victorian Legislative Council Inquiry into Land Transfer Duty Fees reflects our evolving thinking around the core motivations for the reform. 14 April 2023 Prosper Australia is an independent research institute focused on the management of land and other natural resources through taxation. Prosper was formed over 100 years ago to further […] |
The Australian Independent Media Network
Tuesday, May 23, 2023 - 19:17
Source
Ok, I almost called this: “Some days I wonder if Pauline isn’t just Peter Dutton in drag!” Anyway, if you go onto social media, you’ll find any number of people suggesting that the Voice will be just like apartheid… Mm, for those of you who’ve forgotten, here are some of the major features of South… The post In A Break With Past Liberal Policy, Dutton Opposed To Apartheid! appeared first on The AIM Network. |
The Australian Independent Media Network
Tuesday, May 23, 2023 - 17:45
Source
Things are not looking up at PricewaterhouseCoopers (PwC), a global professional services firm piratically free in sharing confidential tax information gathered from government clients. Then again, the firm’s expertise is not so much to look up to a principled heaven as down to a tax-proof Hades, buried in the scrambling minutiae of accounting and deception. … The post Rogues Consultants: PwC, Tax Evasion and Getting Clients appeared first on The AIM Network. |
MacroBusiness
Tuesday, May 23, 2023 - 16:23
Source
A staid session for Asian stocks as the US debt ceiling impasse has again failed to clear any hesitation around risk markets. Currency markets remain poised as well with the Australian dollar still quite depressed, continuing at its recent weekly low around the mid 66 cent level. Oil prices are lifting slightly from their Friday The post Macro Afternoon appeared first on MacroBusiness. |
The Australian Independent Media Network
Tuesday, May 23, 2023 - 16:21
Source
If you were exposed to the last conservative government in Australia, you have just about seen it all. It was like a trip back in time, to a time when the communist scare had legs, when there was no such thing as ‘society’, and crony capitalism took over from the idea that Australia was the… The post The Opposition – full of grumps and fantasists appeared first on The AIM Network. |
Renew Economy
Tuesday, May 23, 2023 - 15:58
Source
|
Renew Economy
Tuesday, May 23, 2023 - 15:18
Source
|
Renew Economy
Tuesday, May 23, 2023 - 15:03
Source
|
Renew Economy
Tuesday, May 23, 2023 - 15:00
Source
|
Renew Economy
Tuesday, May 23, 2023 - 14:57
Source
|
MacroBusiness
Tuesday, May 23, 2023 - 14:00
Source
The Reserve Bank of New Zealand has been one of the world’s most aggressive central banks, hiking its official cash rate (OCR) by 5.0% since October 2021: Economists expect the Reserve Bank to hike a 10th consecutive time at Wednesday’s monetary policy meeting, which would lift the OCR to 5.50% – the highest rate since The post Mortgage broker begs Reserve Bank to hold rates appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 23, 2023 - 13:30
Source
CBA’s household indicators showed that Australian households are slashing spending, driven by sharper falls in the younger and middle age groups. This cut in spending comes amid soft wage growth and rising housing-related payments. “The average CBA household has seen salary and wage payments record a modest gain in Q1 23”, Senior Economist Belinda Allen The post CBA: Aussie households are slashing spending appeared first on MacroBusiness. |
MacroBusiness
Tuesday, May 23, 2023 - 13:00
Source
GLJ Research with the note. Has the Greatest Iron Ore (“IO”) Commodity Consumption Bubble in History Burst, Suggesting Underappreciated Risk to IO Prices in 2H23/2024? In the analysis put fourth within this report, we look to answer the question posed above, using the recent “data dump” out of China, as well as import/export data, China The post China steel reopening thesis “simply not happening” appeared first on MacroBusiness. |
Renew Economy
Tuesday, May 23, 2023 - 12:31
Source
|
MacroBusiness
Tuesday, May 23, 2023 - 12:30
Source
Below is Judo Bank’s Flash Australia Composite PMI, which shows an ongoing expansion in services activity while manufacturing continues to contract. Key findings Flash Australia Composite PMI Output Index: 51.2 (Apr: 53.0), 2-month low Flash Australia Services PMI Business Activity Index: 51.8 (Apr: 53.7), 2-month low Flash Australia Manufacturing PMI Output Index: 47.4 (Apr: 48.8), |
Renew Economy
Tuesday, May 23, 2023 - 12:24
Source
|