MacroBusiness
Tuesday, April 1, 2025 - 11:00
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JPM kicks us off. Country-Level: we look at Australia, Japan, and the UK as being relative safety havens. China may work, too, given the potential to add fiscal stimulus but that is a lower conviction long. US Sector Level: Energy and Utilities (ex-AI plays) are the two best longs and look for Lower-Income Discretionary and higher beta The post Tariffs to the moon, stocks to hell appeared first on MacroBusiness. |
Your Democracy
Tuesday, April 1, 2025 - 10:40
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MacroBusiness
Tuesday, April 1, 2025 - 10:38
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After his recent botching of the Chinese maritime missile tour of Australia’s major cities, Albo is again trumped by the appearance of another hostile Chinese vessel. The Australian. Defence has handed responsibility for the monitoring of a suspected Chinese spy ship to the Australian Border Force despite Anthony Albanese’s claim that the ADF is on The post Another Chinese pleasure cruise sinks Albo appeared first on MacroBusiness. |
MacroBusiness
Tuesday, April 1, 2025 - 10:30
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The Australian Energy Market Operator (AEMO) does not mince words. GPG plays a critical function in supporting the reliable and secure operation of the power system. When coal generation and/or renewable generation output is low, it is often the role of gas-powered facilities to increase output to firm available electricity supplies. Analysis from the 2024 |
MacroBusiness
Tuesday, April 1, 2025 - 10:00
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The ferrous complex continues to struggle. At issue are steel output cuts. Beijing said it intends to curb steel production in the country due to overcapacity. While there is no official release yet, some steelmakers have voluntarily reduced production in anticipation of the formal announcement, therefore curbing demand for iron ore. Furthermore, worries over demand The post Iron ore hit by output cuts appeared first on MacroBusiness. |
MacroBusiness
Tuesday, April 1, 2025 - 09:30
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Last week’s softer-than-expected monthly inflation gauge from the Australian Bureau of Statistics (ABS) was matched by the Melbourne Institute’s (MI) trimmed mean inflation gauge for March. As illustrated below by Justin Fabo from Antipodean Macro, the seasonally adjusted trimmed mean inflation fell to its lowest level since 2020 on a 3-month average basis. The following |
Renew Economy
Tuesday, April 1, 2025 - 09:10
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Your Democracy
Tuesday, April 1, 2025 - 09:08
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Despite 80 years of Australian unwavering loyalty, as expected the US, “our closest ally”, is now screwing us on tariffs, with a hefty 25% tariff placed on Australian steel and aluminium exports.
Time to call it. The US doesn't give a stuff for us
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Renew Economy
Tuesday, April 1, 2025 - 09:05
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MacroBusiness
Tuesday, April 1, 2025 - 09:00
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As the April 2 deadline looms for the Fanta Fuhrer’s Tariff Tirade, Wall Street had to react to the weekend newsflow and did so with volatility plus, falling sharply before a late rebound while currency markets were more sanguine, waiting for actual results. The USD held against Euro and Pound Sterling while the Australian dollar The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Tuesday, April 1, 2025 - 08:59
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Your Democracy
Tuesday, April 1, 2025 - 08:59
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Donald Trump has expressed frustration and stated that he is “pissed off” with Russia. He has then warned Russia that he would impose secondary tariffs on all Russian oil exports unless Putin agrees to a ceasefire in Ukraine. Donald Trump also stated that the US will “100% take Greenland” and he warned Zelensky not to back out of the Mineral Deal. It is also being reported that Zelensky is getting ready for elections in the summer. |
MacroBusiness
Tuesday, April 1, 2025 - 06:13
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DXY was firm last night. AUD was not. Lead boots are holding on. Gold parabola. Trump needs to shut up about Iran, or he’ll derail the Bessent Plan via oil. Another copper bubble goes “pop”. Big Miner’s big bear is still hungry. EM meh. Junk stressy but not enough. Every time it falls, stocks party, The post Australian dollar mown down by fear appeared first on MacroBusiness. |
Your Democracy
Tuesday, April 1, 2025 - 06:13
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In 2023, the federal government set up a review of the National Intelligence Community (the NIC). It was to report in the first half of 2024. On 21 March 2025, Prime Minister Anthony Albanese released, with a flourish, the review’s report, titled “Independent Intelligence Review 2024”.
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Renew Economy
Tuesday, April 1, 2025 - 06:00
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Digitopoly
Tuesday, April 1, 2025 - 00:33
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A prototype is a product or service’s early sample, model, or release. It is built to test a concept or process and serves as a tangible representation of an idea. Some prototypes are primarily commercial, while others are scientific. |
MacroBusiness
Tuesday, April 1, 2025 - 00:05
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In late 2021, the Labor Party released its Powering Australia Plan, which promised to reduce NEM wholesale electricity costs by $11 per MWh, from $62 to $51, by 2025. Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills by 2025 and an additional $103 by 2030. On dozens of The post How many times did Labor lie on energy prices? appeared first on MacroBusiness. |
New Politics
Monday, March 31, 2025 - 22:05
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Your Democracy
Monday, March 31, 2025 - 17:53
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With Donald Trump overturning assumptions about international order, we must re-examine the fundamentals of our foreign and defence policies. Former Senator and submariner Rex Patrick proposes four ideas to advance the debate. |
MacroBusiness
Monday, March 31, 2025 - 17:30
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A sea of red across Asian stock markets in response to the poor finish to the trading week on Friday night on Wall Street with Japanese bourses falling sharply as exporters worry about the next round of Trump tariffs. The USD is losing ground against most of the major currency pairs although the appreciation in The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Monday, March 31, 2025 - 15:14
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Renew Economy
Monday, March 31, 2025 - 14:27
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MacroBusiness
Monday, March 31, 2025 - 14:00
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New Zealand’s unemployment rate increased to 5.1% in Q4 2024 from 4.8% in Q3 2024. In comparison, Australia’s unemployment rate was 3.9% in the fourth quarter of 2024 (4.1% in January), the largest difference since Q3 2012. As a result, large volumes of Kiwis have left New Zealand for Australia. New data from Stats NZ, The post Reserve Bank wrestles with surging unemployment appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 13:30
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The idiot MSM is at its gotcha worst. Peter Dutton has again refused to offer a figure for how much power prices would come down under a government he leads, while assuring those prices would nonetheless be lower than they would be under a re-elected Labor government. Assuming Dutton dropped the spot gas price to The post How much will Dutton drop electricity prices? appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 13:00
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Iron ore continues its plod sideways as steel falls away. The Office of the Chief Economist’s quarterly forecast is out is an interesting mix of fear and greed. It has finally mustered the courage to include the Pilbara killer in its supply outlook but it has spread the ramp up of shipments very conservatively so The post Iron ore everywhere! appeared first on MacroBusiness. |
Renew Economy
Monday, March 31, 2025 - 12:32
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MacroBusiness
Monday, March 31, 2025 - 12:30
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As we know, the Albanese government is an inveterate liar on most matters of economics. Today, he adds to the ignominious record. Albanese said the Australian Domestic Gas Security Mechanism, which enables the government to pressure exporters to release more domestic gas when needed, was working sufficiently. “The spot price is at $13. When we The post Albo protects gas cartel with more lies appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 12:00
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With the federal election campaign in full swing and voters heading to the polls on Saturday 3 May, the first batch of opinion polling has Labor leading the Coalition and Anthony Albanese ahead of Peter Dutton as preferred prime minister. According to a Resolve Political Monitor poll conducted by Nine newspapers, Albanese leads Dutton by The post Albo’s Labor takes early election lead appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 11:30
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Alan Kohler produced an explainer video for ABC where he summarised Australia’s housing crisis with the following: “We know that dwelling approvals have been in trend decline for 10 years”. “We also know that population growth has been climbing for 20 years driven by a doubling and then tripling of migration”. “This is why we The post Why Australia has a housing crisis appeared first on MacroBusiness. |
MacroBusiness
Monday, March 31, 2025 - 11:00
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The Market Ear on some worrying signals for the bubble. Mother of all trend lines Does this look bullish to you? Big rejection as we tested the 200 day and the huge trend line from below. 50 crossed the 100 day, marking the “light” death cross. NDX 19k is the must hold area. Source: Refinitiv The post Stock bubble ready to burst appeared first on MacroBusiness. |