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Iron ore inexplicable

September 17, 2025 - 10:30 -- Admin

There are days when an investors’ patience is tested. Yesterday was one for iron ore. Chinese data was bad. Not so bad as to expect imminent super stimmies but bad enough that commodity prices should have taken a hit given the weakness was most notable in commodity-intensive sectors. Goldman gives us a brief wrap Bottom

FOMO Rally Faces the Fed

September 17, 2025 - 09:30 -- Admin

From the Market Ear: Room to run SPX continues to trade inside the short-term trend channel that has been in place since late May. RSI is getting rather overbought, but overbought levels tend to stay overbought for longer than most think possible. Note the upper part of the channel is still higher. The chase is

Aussie unemployment surges

September 17, 2025 - 09:00 -- Admin

On Thursday, the Australian Bureau of Statistics (ABS) will release the official labour force release for August. Ahead of that release, Roy Morgan released its shadow labour force survey for August, which recorded a sharp 0.8% increase in unemployment to 11.1%, up 2.0% year-on-year: Roy Morgan effectively counts someone as unemployed if they want a

Jim Chalmers layers more lipstick on pig economy

September 17, 2025 - 08:00 -- Admin

In the world of Australian Treasurer Jim Chalmers, Australia’s economy is strong, wages are booming, and living standards are rebounding fast: “The Coalition’s deliberate policy of wage suppression saw wages stagnate for the best part of a decade and living standards fall sharply, but we’re turning that around”. “We’ve managed to get inflation down and

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