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Oz Blog News Commentary
Your Democracy Sunday, August 24, 2025 - 05:55 Source

 

France has summoned Italy’s ambassador following “unacceptable”remarks made by Deputy Prime Minister Matteo Salvini about President Emmanuel Macron’s proposal to send troops from EU members to Ukraine, French media has reported, citing a diplomatic source.

Salvini suggested on Wednesday that the French leader should go himself.

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Your Democracy Saturday, August 23, 2025 - 16:55 Source

I have entered the age of incomprehension

Possibly because of the infernal confusion

Up there in my old lofty pigeon

Due to a blow from a truncheon

Not even wearing an hearing aid

Would sort this inner devil afraid

Did she say a bunch of arseholes 

Or announced the next batch of households

Should I say I am too old for this piss

As Donald trumpets talks of peace

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MacroBusiness Friday, August 22, 2025 - 11:00 Source

The ferrous complex is trying to hold $100. I expect it to fail. Not on anything especially dramatic. Largely because the seasonal headwinds for September are strong amid weakening Chinese growth. Goldman. Imports pulse is weak. Surprises bearish. Construction steel versus the rest means ongoing pressure on recycling but seasonality should also pull down BOF. It’s

The post Iron yawn appeared first on MacroBusiness.

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MacroBusiness Friday, August 22, 2025 - 10:30 Source

The Market Ear.  Watching the sensitive stuff ETH trying to tell tech something? These two have moved in perfect tandem over the past 2 months, but the latest gap is becoming very wide. Source: LSEG Workspace The worrisome part of the calendar The S&P 500 down 5 days in a row – front-running the calendar

The post Stocks set up for punishment appeared first on MacroBusiness.

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MacroBusiness Friday, August 22, 2025 - 09:30 Source

DXY is back. AUD has entered freefall. CNY is fine. Gold is confused. Metals are nervous. Big bear intact. EM swoon. Junk hiccupped finally. As yields broke higher. Stocks kept falling. There wasn’t any earthmoving data. All eyes are on Jay Powell. Goldman says he’s going to break. Goldman economist David Mericle expects Powell to

The post Australian dollar enters freefall appeared first on MacroBusiness.

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Your Democracy Friday, August 22, 2025 - 08:50 Source

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Your Democracy Friday, August 22, 2025 - 08:04 Source

A German opposition leader has accused the EU of hypocrisy, pointing out that those who once rejected dialogue with Moscow are now praising US President Donald Trump’s diplomatic efforts to settle the Ukraine conflict. 

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Your Democracy Friday, August 22, 2025 - 07:33 Source

Israel’s decision under its fanatic ethno-nationalist government to both approve more West Bank settlements and invade Gaza City now tragically defines the whole Zionist project: a 70-year campaign to purge Palestinians and create a greater Israel. Netanyahu’s criminality now defines Israel’s mission and recasts its history.

 

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MacroBusiness Thursday, August 21, 2025 - 16:30 Source

Australian stocks led the way to a new record high today but the rest of Asian share markets were mainly down across the board as risk sentiment continues to shift further into negative space as we all await the Jackson Hole conference tomorrow. The USD remains on a small rally against the majors although Euro

The post Macro Afternoon appeared first on MacroBusiness.

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