Blogotariat

Chinese policymakers are talking a big game but doing nothing of substance. Goldman. Central level policies: Recent article from senior policymaker via Qiushi magazine highlighted focus on stabilizing market expectations within the property sector, emphasizing 1)given the significant financial asset nature of housing, effectively managing market expectations is crucial for overall stability; 2)the property industry

There is no recovery in Chinese steel, but there is one in iron ore! The late-year seasonal increase in steel production was very muted. These price movements coincided with capacity utilization increases among Chinese steel producers, with blast furnace operations rising 0.32% and electric arc furnaces climbing 1.93% during the final week of 2025.  These private movements are not

The post Iron ore to the moon! appeared first on MacroBusiness.

Jeffrey Sachs Briefs the United Nations on the US Aggression in Venezuela — The author advises the Security Council to fulfill its responsibilities by immediately affirming a series of actions in response to the U.S. attacks on Venezuela.

Mr. President,Distinguished Members of the Security Council,

The BBC has instructed staff to avoid describing the US abduction of Venezuelan President Nicolas Maduro as a “kidnapping” and to use less loaded alternatives such as “seized,”according to a leaked internal memo shared online by British journalist and Guardian columnist Owen Jones.

Asian share markets are generally performing very well as risk moves to buy up everything not marked with a USD sign, while local shares continue to underperform. Volatility in commodity markets is abating following the Trump regime’s “special military operation” into Venezuela with the USD seeing a strong reversal against the majors, particularly Euro as

The post Macro Afternoon appeared first on MacroBusiness.

Honestly, what has gone wrong with the human mind? Every single debate I track these days is binary, usually supporting some political idiot or another. The latest outbreak of conflict is a result of the actions the US has taken against Venezuela. On one side of the debate, Trump cheerleaders are arguing that Maduro was

The post Trump must kidnap and try Albo appeared first on MacroBusiness.

DXY is getting Trumped as we enter 2026. AUD is still trending higher. But it is paced by a slow-moving CNY. Gold appears tired. Oil has died. Base metals are all AI all of the time. Big miners whoa. EM stocks are throwing NY party. Junk ain’t. Duration is a threat. With US stocks in

The post Australian dollar joins the dash for trash appeared first on MacroBusiness.

As usual, Australia is having a stupid debate. This time, it is about manufacturing. Australia is ranked below Botswana and Russia on Harvard’s index of economic complexity because of a diminished manufacturing industry and an overreliance on iron ore and coal exports. However, economists said the statistics could not be used to justify Labor’s industry

It seems nothing can bring sense to the iron ore market as the jaws widen further. Scuttlebutt explains the seasonality. Chinese iron ore prices are being underpinned by steelmakers restocking ahead of the Lunar New Year holiday in February, while tight domestic supplies are also lending further support. The outlook beyond this point is hardly

The post Pilbara killler delayed not stopped appeared first on MacroBusiness.

The successful seizure and removal of President Nicolas Maduro from Venezuela demonstrates Washington’s readiness to use every means at its disposal — including military power — to stave off any diminishment of U.S. national influence in its bid to manage the dissolution of the celebrated postwar, liberal order. 

Amid calls for Royal Commission, a narrative emerges of the perpetrators, their links to ISIS, and warnings ignored by police and ASIO. Human rights advocate Al the Writer reports (Part 1).

Since Australia reopened its international borders in February 2022, following almost two years of COVID-driven restrictions, migration to Australia has surged. Just a few weeks later, in March 2022, the Treasury released its net overseas migration forecast for 2021-22, projecting 41,000. With only four months left in the year, one might expect that the Treasury’s

The post It’s just a (migration) catch up mate appeared first on MacroBusiness.

I asked Grumblr, the local AI bot

What is democracy what’s it not

Democracy is about Sharing

With Fairness and Justice

The machine pointed out smiling

Sharing demands Peace

Peace needs Respect see

Respect fosters Decency 

Honest decency is hard

Because you know nothing

And I'm a lazy bastard

‘Cuz I can fudge everything

And fudge becomes wandering lies