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Weekend Links 15-16 January, 2022

January 15, 2022 - 07:26 -- Admin

Macro & Markets U.S. Says Russia Is Preparing Operations to Justify Ukraine Attack – Bloomberg Cyberattack hits Ukraine as U.S. warns Russia could be prepping for war – Reuters What to expect in a year of policy tightening and US interest rate rises – SCMP Powell says Fed will lift rates if needed to contain

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Macro Afternoon

January 14, 2022 - 16:00 -- Admin

Asian stock markets are finishing the trading week in poor spirits following the selloff in tech stocks overnight on Wall Street, with all markets losing 1% or more. The USD remains under pressure against everything with Bitcoin rolling over through the $43K level while gold has held on to and advanced from its previous breakout,

The post Macro Afternoon appeared first on MacroBusiness.

Why is Australia unable to prepare for anything?

January 14, 2022 - 14:20 -- Admin

The COVID-19 pandemic has provided a once in a lifetime opportunity to lay bear the problems inherent to “the Lucky Country”. It has loudly and devastatingly the band-aid off the gaping wound that lies at the inability of successive Federal and State governments to prepare the nation against existential and potential threats. The latest Omicron

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CoreLogic weekly house price update: Rising again

January 14, 2022 - 13:43 -- Admin

In the week ended 13 January, the CoreLogic daily dwelling values index rose 0.25%: All major capitals rose in value with Adelaide and Brisbane leading the way: So far in 2022, dwelling values have risen by 0.49%, driven by Adelaide (0.90%) and Brisbane (0.86%): Quarterly growth has slowed to 2.88%, driven by Brisbane and Adelaide:

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What will OMICRON do to China?

January 14, 2022 - 13:35 -- Admin

Deutsche with the note: Omicron detected in Tianjin and Henan China’s first Omicron outbreak was detected in the city of Tianjin over the weekend. On the morning of Jan 8, two patients in Tianjin who actively sought medical treatment were confirmed as being infected with the Omicron variant. The local government immediately locked down certain

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Queen illustrates why the Republic is garbage

January 14, 2022 - 13:16 -- Admin

The Windsor’s know what to do when institutions are overwhelmed by sleaze: The Duke of York was stripped of all military titles and patronages by the Queen and agreed no longer to use the moniker “His Royal Highness”, in an attempt to protect the Royal family from the fallout of his sexual abuse case. That

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Queensland COVID daily cases push national total towards 130K

January 14, 2022 - 13:00 -- Admin

Queensland has seen three more COVID deaths, all from unvaccinated persons (two were people in their 70s and one was in their 60s), and nearly 24,000 new cases, taking the total national new case for today towards the 130,000 level. The peak is not yet in according to Queensland CHO Dr John Gerrard: That’s the question on

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Investor mortgage demand hits all-time high

January 14, 2022 - 11:51 -- Admin

The Australian mortgage market rebounded in November, according to new data released today by the Australian Bureau of Statistics (ABS). The total value of new mortgage commitments rose by a seasonally adjusted 6.3% in November 2021 to be up 33.2% year-on-year: Investor mortgage demand has finally surpassed its 2015 peak. They are also growing at

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Morriscession rips as god grants exceptions

January 14, 2022 - 10:30 -- Admin

Westpac credit card data is the latest to record the shock: After hitting new post-COVID highs in the lead-in to Christmas, the Westpac Card Tracker Index has fallen away sharply since the turn of the year, average index reads over the weeks ending Jan 1 and Jan 8 down 10pts compared to the last two weeks of Dec.

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