It was a better day for the ferrous complex as it awaits the July Polibuo meeting, likely on July 31. The underpinnings of demand are still poor. Where official figures can mislead, PBoC surveys are better. Goldman. PBOC released its Q1 and Q2 surveys of bank loan officers, enterprises, and urban depositors on July 25,
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I was on the mat at jujitsu last week, working out a technique with another black belt, learning how to flow from one move to the next. After only two or three minutes of getting into and out of position, up and down, I was puffed. Properly struggling for breath. It was both a bit of a shock and not surprising at all.
During the federal election count, I identified a number of issues with the data being published by the AEC. Two main issues emerged, where the AEC’s estimates did not seem to be correct.
So says Deutsche. AUD has risen to be the second-best performer in the G10 on a trade-weighted basis since we turned long in the May Blueprint(Figure1). Our more upbeat view has reflected two key factors. 1.Fundamental support was finally turning: the worst had passed for China and broader risk sentiment, and the domestic Australian economy
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The trade war is over and everything will be awesome according to US officials in the Trump regime as the EU seemingly caved in on their respective trade “deal” aka framework, which has sent the USD higher while leaving European stocks adrift in a sea of trouble. Wall Street still pushed to new record
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Victoria’s financial situation is dire. Victoria has the lowest credit rating in the nation and the highest per capita state debt. The major ratings agencies have warned that unless the state gets its debt under control, then it risks further ratings downgrades. Any downgrade would ratchet up interest repayments on the state’s debt, which are
The US cannot sell any Virginia-class nuclear submarines to Australia without doubling its production rate, because it is making too few for its own defence, the navy’s nominee for chief of operations has told Congress.
There are “no magic beans” to boosting the US’s sclerotic shipbuilding capacity, Admiral Daryl Caudle said in frank evidence before a Senate committee.
French Prime Minister Francois Bayrou has condemned the new trade deal between Washington and Brussels, accusing the EU of yielding to US coercion.
Former Foreign Minister and NSW Premier Bob Carr has compared the situation in Gaza with the Warsaw Ghetto, and urged the Government to move with the French on Palestinian statehood. He made his comments in an interview with ABC Radio National Breakfast host Sally Sara.
