MacroBusiness
Friday, January 24, 2025 - 09:00
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Wall Street advanced once more this time the broader S&P500 officially made a new high with tech stocks pulling back as European bourses also performed well. The USD is failing to get out of its weak short term cycle against the major currency pairs with Euro lifting back above the 1.04 handle while Yen has The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Friday, January 24, 2025 - 08:41
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Your Democracy
Friday, January 24, 2025 - 07:37
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Russia intervened militarily in Ukraine to denazify the country. But, according to Westerners, there are no Nazis in Ukraine. Russia wants to invade and annex this country. This mutual incomprehension caused the Russian special operation to degenerate into open war. |
Your Democracy
Friday, January 24, 2025 - 06:49
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The play Don’s Party premiered on August 11 1971 at Carlton’s Pram Factory, home to the radical theatre ensemble, the Australian Performing Arts Group. Established four years earlier in 1967, the group would nurture some of the most passionate Australian voices of a generation, including Max Gillies, John Romeril, Kerry Walker, Geoffrey Milne and Jenny Kemp. |
Your Democracy
Friday, January 24, 2025 - 06:19
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Sam Jacobs is Editor in Chief at TIME where he leads TIME’s global newsroom and its journalism across all platforms. Since joining TIME in 2013, Jacobs has held a variety of senior editorial leadership positions. Previously, he was national political correspondent at Reuters, associate editor at Newsweek and staff reporter for The Daily Beast. His writing has appeared in the Boston Globe and New York Observer.
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MacroBusiness
Friday, January 24, 2025 - 00:10
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I noted on Thursday how Australia’s rate of dwelling construction has fallen way behind the Albanese government’s target of building 1.2 million homes over five years. Only 177,700 homes completed construction in the year ended Q3 2024, 62,300 below the required annual run rate of 240,000 homes. The slump in construction comes at the same The post The fundamental problem with Australia’s housing market appeared first on MacroBusiness. |
Your Democracy
Thursday, January 23, 2025 - 21:04
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EU commissioner hopes Ukraine conflict continuesBy arming Kiev, NATO member states may have granted themselves valuable time to “grow stronger,” Andrius Kubilius has stated... As the fighting continues in Ukraine, NATO states may be gaining additional time to prepare for a potential military confrontation with Russia, Andrius Kubilius, EU commissioner for defense and space, has said. |
Your Democracy
Thursday, January 23, 2025 - 18:51
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Sen. Adam Schiff (D-Calif.) called his preemptive pardon from former President Biden, announced Monday for all past members of the now-defunct House. Jan. 6 committee in the final moments of his presidency, “unnecessary” and “unwise.” |
MacroBusiness
Thursday, January 23, 2025 - 17:30
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Asian stock markets again moved due to internal concerns with Chinese shares moving higher on state instituted rules on investment while Japanese exports for December helped lift the Nikkei. Local stocks fared poorly however as the USD is still suffering from post-Trumpian volatility which had been centered around Yen. Meanwhile Australian dollar holds fast above The post Macro Afternoon appeared first on MacroBusiness. |
Your Democracy
Thursday, January 23, 2025 - 17:13
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US President Donald Trump on Wednesday issued a thinly-veiled ultimatum to Russia, urging it to bring the Ukraine conflict to an end and strike a “deal,” or face new sanctions and high import tariffs. Trump issued the warning in a post on his Truth Social online platform, proclaiming his “love” for the Russian people and insisting he was “not looking to hurt Russia.” |
Renew Economy
Thursday, January 23, 2025 - 15:46
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Cheeseburger Gothic
Thursday, January 23, 2025 - 15:33
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Renew Economy
Thursday, January 23, 2025 - 15:21
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Renew Economy
Thursday, January 23, 2025 - 14:23
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Renew Economy
Thursday, January 23, 2025 - 13:44
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MacroBusiness
Thursday, January 23, 2025 - 13:00
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This is penny-pinching balderdash. Victorian police say they are being strong-armed into accepting a lowball new pay deal or risk losing millions in collective backpay. Under a new proposal put to rank and file members on Wednesday, police would lock in a 4.5 per cent annual pay increase over the next four years — significantly lower than The post Pay up for the thin blue line appeared first on MacroBusiness. |
MacroBusiness
Thursday, January 23, 2025 - 12:30
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The steel and iron ore jaws are looking pretty attractive for a May seasonal short. The other bulks have also been deflating materially. Metallurgic coal is at critical support at around $200. On the monthly chart, it has broken. Thermal coal has been a bit better lately, but 2024 sucked the big one. The budget The post Bulk commodities deflate appeared first on MacroBusiness. |
Renew Economy
Thursday, January 23, 2025 - 12:07
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MacroBusiness
Thursday, January 23, 2025 - 12:05
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The Australian dollar has been in free-fall for a number of months, but has rallied in recent days. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen look at the five main drivers for the Australian dollar, and discuss whether there is more downside to come, and how long consolidation The post MB Fund Podcast: Australian Dollar: 5 Drivers appeared first on MacroBusiness. |
MacroBusiness
Thursday, January 23, 2025 - 12:00
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Interest rates and house prices lower together? Wouldn’t that rock the foundations of Aussie entitlement? It’s not inconceivable. The current affordability is unprecedented after Albo’s economic demolition. Core Logic with more. Interest rates might be cut in early 2025 as inflation continues to drop, with annual core inflation falling to 3.2% in November (below the |
MacroBusiness
Thursday, January 23, 2025 - 11:30
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Australia’s gas price is already insane. There isn’t a reserved molecule on the East Coast that can’t be extracted for profit at $7Gj, and most of it is half of that, yet the spot price is $14Gj, 400% higher than historical averages. As a direct result, electricity prices are up 160% year on year and The post The catastrophic stupidity of gas imports laid bare appeared first on MacroBusiness. |
MacroBusiness
Thursday, January 23, 2025 - 11:00
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The Market Ear on the upside force. Not yet… ….but the SPX is approaching ATHs quickly. The latest bounce has been violent. RSI is still not very overbought, but upside potential is diminishing, as we actually lack a new trend. Source: Refinitiv The tech squeeze NASDAQ bounced perfectly on the longer term trend line and The post Stock bulls run riot appeared first on MacroBusiness. |
Renew Economy
Thursday, January 23, 2025 - 10:46
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MacroBusiness
Thursday, January 23, 2025 - 10:30
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The Australian Bureau of Statistics (ABS) released housing construction data for Q3 2024, again showing that the Albanese government’s target to build 1.2 million homes over five years is delusional. The number of dwellings commencing construction in Q3 2024 rose to 42,874 but remained well below the target’s required quarterly run rate of 60,000. Only The post Albo’s housing target collapses into dust appeared first on MacroBusiness. |
Renew Economy
Thursday, January 23, 2025 - 10:20
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MacroBusiness
Thursday, January 23, 2025 - 10:00
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Here it is. Over the past two years, the Biden administration struck a careful balance on artificial intelligence. The White House took steps to ensure the US stayed ahead of China in developing the technology while also trying to address some of AI’s many potential risks. In his first 24 hours back in Washington, Donald The post Trump and AI. What could possibly go wrong? appeared first on MacroBusiness. |
MacroBusiness
Thursday, January 23, 2025 - 09:30
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DXY is holding but looks vulnerable to more pullback. AUD the opposite. CNY pumped and dumped on tariff talk. Oil is offering hope to risk. All commods were whacked on Trump’s 10% China tariff threat. Big miners too. EM stocks are caput. Junk is still stuck. Yields are sticky. Stocks heading for new ATH. Goldman The post Australian dollar rocket counts down appeared first on MacroBusiness. |
Your Democracy
Thursday, January 23, 2025 - 09:05
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Trump's Message BACKFIRES As Russia And China Get Closer Xi |
MacroBusiness
Thursday, January 23, 2025 - 09:00
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Wall Street advanced once more although the broader S&P500 just missed out on making a new high with tech stocks again leading the way. European bourses were somewhat mixed on the periphery but also performed well. The USD is now trying to get out of its weak short term cycle against the major currency pairs The post Macro Morning appeared first on MacroBusiness. |
Your Democracy
Thursday, January 23, 2025 - 05:30
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