DXY was stable last night: AUD is unconvincingly grinding higher With no help from North Asia: Oil fell on Gaza peace plans: Dirt meh: Big miners meh: Pooh bear has his rally: EM junk is trending bullish: So long as yields dump: Stocks took a breather: The AUD is being helped by a new extreme
The post Australian dollar 40 cents roars back into view appeared first on MacroBusiness.
By Bert Hetebry The term Genocide was first used in 1945 to describe the deliberate, targeted killing of Jews by the German Nazi regime. It was a very specific term coined to describe the Nazi policies of systematic murder during the Holocaust combining the Greek word for race or tribe (geno) with the Latin word…
The post Human Rights? appeared first on The AIM Network.
America’s weakness strengthens Trump (AN ARTICLE IN THE SMH, 24/02/2024)
[GUS — IN CAPS: REMIND ME: WHY IS AMERICA WEAK? IS IT BECAUSE THE PRESENT PRESIDENT IS SENILE? IS IT BECAUSE THE PENTAGON IS RUNNING THE SHOW AND OTHER COUNTRIES OUTSIDE THE WESTERN WORLD HAVE HAD ENOUGH OF THE PENTAGON SHENANIGANS?
It would seem that many countries around the world have decided that democracy has run its race. Russia, India, Hungary, Turkey, Poland, China, Slovakia, Afghanistan, Azerbaijan, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Equatorial Guinea, Eritrea, Guinea-Bissau, Iran, Libya, Laos, North Korea, Saudi Arabia, Sudan, Syria, Tajikistan, United Arab Emirates and Uzbekistan have-authoritarian-governments.…
International Reads: Millennials have been priced out of buying homes, and are venting that they can’t afford rent either – Business Insider Many Americans Believe the Economy Is Rigged – NY Times Credit cards are charging more ‘excess’ interest than ever, consumer watchdog says – NBC News Americans are facing a credit card debt crisis
Asian share markets are taking a pause despite a record high on Wall Street overnight as Japanese markets take a long weekend after they too made a record high. Local issues were up initially but have pared these gains in afternoon trade while Chinese stocks are flat. The USD is still pulling back against most
The post Macro Afternoon appeared first on MacroBusiness.
Esports teams from across the globe will take part in Games of the Future — an experimental tournament blending sports and esports. With a $10m (~£7.94m) overall prize pool and unprecedented political backing, there’s a lot to compete for. There’s just one catch: it’s in Russia.
On February 21, the Royal Courts of Justice hosted a second day of carnivalesque mockery regarding the appeal by lawyers representing an ill Julian Assange, whose publishing efforts are being impugned by the United States as having compromised the identities of informants while damaging national security. Extradition awaits, only being postponed by rearguard actions such…
The past month has seen New Zealand’s interest rate watchers and financial markets gyrate wildly on interest rates. When New Zealand’s Q4 CPI inflation print came in below economists’ and the Reserve Bank’s projections, economists and markets predicted that the next move in the official cash rate (OCR) would be down. Then, New Zealand’s Q4
I am no fan of paramilitary political party support groups like Get Up and Advance. Nor do I see them as problematic. If people want to dedicate resources to public lobbies then that’s up to them. What we can observe is that one side can apparently deal it out but not take it: Labor is
The post Fake left can GetUp but fake right not Advance appeared first on MacroBusiness.