Blogotariat

Just when you think that the Australian Government cannot sink any lower, the prime minister still manages to surprise!_

Cameron Leckie

Gaslighting the electorate, virtue signalling to our ‘partners’

We have now been made aware of accusations that the Republic of Iran was involved in two antisemitic “incidents” in Australia.

It is a dilemma... Swiss banks that used to profit from Russian oligarchs cash, had to support the sanctions imposed by the USA and Europe against Russia — for "Russia's invasion of Ukraine"...

As well, the origin of some cash from other sources (EU, UK, USA) may be more dirty than profits made by the Russians. Ukraine's elite is siphoning a huge amount of the cash given to Ukraine by its "allies"... Where does the money go? Dubai? Switzerland?...

German chancellor Friedrich Merz has made a moderate media splash and ruffled some feathers in his own ruling coalition with the Centrist Social Democrats (SPD). Using the platform of a regional party congress of his CDU Conservatives in Niedersachsen, Merz has delivered a speech that immediately attracted national attention and will be remembered for one phrase.

Asian share markets are in a mixed mood that is being reflected by Wall Street futures off slightly despite the better than expected NVIDIA results after the close with European shares also looking to open flat. The USD is losing ground against all the majors again as fears over the loss of independence at the

The post Macro Afternoon appeared first on MacroBusiness.

When it comes to climate change and atmospheric research, the Trump Administration prefers alternative facts to the ones they do not like.

A substation, described as the largest of its type and a "true feat" in design and engineering has been completed as work continues on major new transmission link.

Paul Keating is ejaculating as Chinese propaganda runs riot. The Australian. “As the Pentagon is now reviewing the AUKUS security pact between the United States, the United Kingdom and Australia, Canberra needs to decide whether it is still ready to push ahead with this US-led project that goes against its own national interests in many aspects,” the

The post China and America battle for Australia’s soul appeared first on MacroBusiness.

Deutsche this time. Nature of the USD move shifting to a more AUD-supportive one:As we’ve noted, a key reason for AUD’s lack of ‘high-beta’ status earlier in the year (when wer emained neutral), and our later shift to be being more bullish has been the changing volatility or risk context. For the most part, the

The post Another major bank piles into Australian dollar appeared first on MacroBusiness.

Bloomberg has the scoop. The Trump administration is reviewing options for exerting more influence over the Federal Reserve’s 12 regional banks, potentially extending its reach beyond personnel appointments in Washington. The administration’s goal is to scrutinize how regional presidents are vetted and chosen, as they are not Senate-confirmed, and the Board of Governors is next

The post Trump versus the bond vigilantes appeared first on MacroBusiness.

The pursuit of a renewables-powered energy system necessary for a safe climate is under threat from workforce shortages showing f

Throughout her time as Australia’s Home Affairs Minister, Clare O’Neil boasted that Australia was in a “race for global talent” with other advanced nations, like Canada. O’Neil argued that immigration had been the “special sauce in our national story” and advocated for more. She stated that Australia needed to transition “away from a system which

The ferrous complex is kidding itself, its usual state of being. Trading right now is suspicious. During the day, prices fall due to market dynamics. At night, they spike in an illiquid market. Somebody is playing silly buggers. The mushrooming gap between steel and iron ore is going to close one way or another. That

The post Iron ore on collision course with Chinese golden depression appeared first on MacroBusiness.

The Market Ear explores. Déjà Vu? VIX specs are crowding into extreme short territory just as seasonality turns bullish for volatility. The last two times this happened, SPX corrected hard… Buy protection when you can Looks like the crowd is doing the total opposite… VIX net non commercials have crashed, and in very short territory.

The post Gather your shorts appeared first on MacroBusiness.