The ferrous jaws must close! Scuttelbutt is bearish. More steel mills have started equipment maintenance in the run-up to the Lunar New Year holiday in February, dampening appetite for feedstocks including iron ore, analysts at broker Zhengxin Futures said in a note. Steelmakers in China typically conduct furnace maintenance during winter when demand weakens in
US consumer confidence dropped to decade lows (hard to do your shopping when ICE agents are dragging you out of your car) which was the real catalyst for another huge selloff in USD overnight as the DXY dollar index crashed to a four year low. Gold and silver surged to record highs again while Wall
The post Macro Morning appeared first on MacroBusiness.

BRUSSELS : NATO Secretary General Mark Rutte delivered one of the starkest warnings yet to Europe’s political class on Monday, forcefully rejecting the idea that the continent can secure itself without the United States and exposing the enormous economic and strategic costs of any attempt to do so.
Recently when the ABS released the latest housing finance data, it came with a headline unwelcome to anyone concerned about housing affordability: ‘Investment loans reach record high’ Now, if we were to wind the clock back 40 years to the mid-1980’s, the assessment of this headline would be entirely different. At that time, ABS housing

Vladimir Putin has offered to contribute $1 billion to join Donald Trump's Peace Council. But there's a catch.
South Australia set stunning new native demand record on Tuesday amid heatwave, but nearly all of it was met by wind and solar.
The post “Extraordinary:” Renewables to the rescue as state smashes demand records in unprecedented heatwave appeared first on Renew Economy.
The American madman wants a lower currency, and he’s going to convulse until he gets it. AUD is off the hook. Way overbought, but this has legs. CNY and JPY support. Gold wavered. Metals too. Maybe frotnrun. Big mining heaven. EM rocket. Junk no bueno. Curve steepened. Stocks ATH. How far and fast can the
The post Australian dollar flies as madman currency crashes appeared first on MacroBusiness.

On December 15, 2025, the European Union slapped sanctions on former Swiss intelligence officer and ex-NATO employee Jacques Baud. No day in court, no charges filed, just abrupt, suffocating, sanctions.
Australian housing valuations, in relation to household incomes, have never been more stretched: Cotality’s December chart pack valued the average Australian home at an astonishing $1,079,000, turning the average homeowning Australian into a housing millionaire. The Reserve Bank of Australia (RBA) is predicted by financial markets to hike the official cash rate (OCR) twice this
Wind projects now make up a small fraction of Australia's investment pipeline, which is now dominated by standalone batteries, and solar hybrids coming a clear second.
The post Batteries and solar hybrids dominate, relegating wind to small fraction of Australia’s renewable pipeline appeared first on Renew Economy.
Global investment into the energy transition reached a record $US2.3 trillion ($A3.33 trillion) in 2025, up 8 per cent from the previous year,
The post A record $A3.3 trillion was invested in the global energy transition in 2025, BNEF says appeared first on Renew Economy.
Australians with some form of rooftop solar system at home are more likely to switch energy retailers as they seek the best solar feed-in tariff.
Tonight, I will be appearing on DFA Live with Martin North where we will discuss the Australian economy, housing market, the population ponzi, alongside other topics. The show goes live at 8pm AEST. We hope to see you there.
The post Join me tonight on DFA for live Q&A appeared first on MacroBusiness.
It’s green across Asian share markets as local stocks also joined in the fun despite a much higher Australian dollar as the USD remains under enormous pressure against all major undollars as El Trumpo shoots off about South Korea. Inflation concerns in Japan and their bond market troubles are keeping Yen volatile while the looming
The post Macro Afternoon appeared first on MacroBusiness.
As reported here some time ago, Jillian Segal was appointed Special Envoy to Combat Antisemitism by the Albanese Labor government in 2024, and the main aim of her report seems to have been to conflate criticism of Israel’s genocide in Gaza with antisemitism. This was stated to be untenable by Justice Angus Stewart in a recent Federal Court case against Islamic preacher Wissam Haddad, whose posts it was ruled were antisemitic because he had conflated Zionism and Judaism. This is just what Jillian Segal had tried to do in her dodgy report. Stewart found that: