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MacroBusiness Friday, October 10, 2025 - 09:00 Source

Australia’s ‘miracle’ jobs market has been a fool’s paradise. The unprecedented boom in government-funded jobs has driven Australia’s job growth and historically low unemployment rate. The non-market sector, comprising public and private service providers that rely on government funding, accounted for around 60% of total job creation since the pandemic and nearly 80% of job

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MacroBusiness Friday, October 10, 2025 - 06:42 Source

The greenback is ripping. AUD is rolling over. CNY stalled. This is not good for gold. Or the silly AI metals rush. Which is feeding RIO. EM is also a DXY downplay. Junk is cracking lower. Which is odd given yields. Bubble paused. There’s no obvious reason for the sudden volatility, except that there is

The post Australian dollar hit hard by greenback hammer appeared first on MacroBusiness.

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Your Democracy Friday, October 10, 2025 - 06:12 Source

Top Hamas official announces end to Gaza warThe organization has received “guarantees” from the US that the hostilities will not continue, Khalil al-Hayya has said

The Gaza war is over, a senior Hamas official, Khalil al-Hayya, has said, adding that the peace plan put forth by US President Donald Trump would mark the start of a “permanent ceasefire.”

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Your Democracy Friday, October 10, 2025 - 02:01 Source

 

Hungarian Foreign Minister Peter Szijjarto on Wednesday accused Polish Prime Minister Donald Tusk of “defending terrorists,” over comments about the sabotage of the Nord Stream gas pipelines. 

Tusk had claimed the day before in a post on X that “the problem with North Stream 2 is not that it was blown up. The problem is that it was built.”

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Your Democracy Friday, October 10, 2025 - 01:21 Source

US President Donald Trump is pressuring the Norwegian government and the Nobel Committee in an unprecedented push for the Nobel Peace Prize, the Financial Times reported on Wednesday. Experts reportedly remain skeptical that the campaign will succeed, however. 

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MacroBusiness Friday, October 10, 2025 - 00:05 Source

The 2025 federal election campaign saw both sides admit that they wanted to see Australian home prices rise at a ‘sustainable rate’ from already record-high levels. Both Labor and the Coalition offered ‘affordability’ policies that were really aimed at pumping homebuyer demand and increasing prices. It was a theme that has been repeated throughout this

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MacroBusiness Thursday, October 9, 2025 - 17:09 Source

    AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Vids                                  

The post Macro Afternoon: 9 October 2025 appeared first on MacroBusiness.

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