DXY held last night. AIUD lifted anyway. CNY meh. Gold yeh. Are all metals AI now? The chosen one returns. EM meh. Is a downtrend forming in junk? Yields edged up. Stocks edged down. The US isn’t going to publish shutdown CPI or job numbers, straight out of Xi Jinping’s playbook. Helping gold. Credit Agricole
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Risk markets continue to price in some stability returning to US governance with European shares also rallying on the better risk equation (aka less AI malevolence) with Wall Street again stumbling around overnight. The USD was relatively stable in the absence of any economic reports although it firmed against Yen and Pound Sterling while Euro
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A poll put out by Resolve earlier this month asked respondents to say if they had a positive, neutral, or negative opinion of a list of federal politicians if they had heard of them. What it found was that compared with December last year, Prime Minister Anthony Albanese had seen his standing improve from -17
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UK Prime Minister Keir Starmer has insisted he runs a "united team" after a senior minister was forced to repeatedly deny that he planned to oust the embattled premier.
At the end of World War II in 1945, international relations quickly coalesced around two superpowers (the USA and the USSR), giving rise to a bipolar world. Since then, the quest for a balance of power, fueled by the space race and the expansion of spheres of influence, has fostered a logic of escalation and a mutual perception of threat that continues to divide relations between Washington and Moscow today.
It beggars belief that the outgoing head of the RSL, Greg Melick, has abused the quiet solemnity of Remembrance Day to lecture and berate the Albanese government on its defence policy.
Worse, he carelessly flung around the tired epithet of ‘appeasement’ at the Prime Minister and his Ministers.
In succumbing to a lust for the limelight, the ASIO director, Mike Burgess, is not making it easier for the government and citizens to retain confidence in him and the organisation he’s trying to run.
The latest rental data from Cotality suggests that Australia’s rental market has tightened. Rental vacancy rates nationally fell to a new record low of 1.5% in October, down from 2.0% 12 months prior. The number of homes listed for rent across the combined capital cities has fallen to its lowest level on record for an
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